Provided on an auto-launch CD-ROM, this small business training module looks at what you have to do to originate electronic payments via the Automated Clearing House (ACH) Network. The first topic looks at some of your key responsibilities as an originator. Explore NACHA Operating Rules and regulations, and consider some related contract issues that you will face. The second topic, Enrolling Participants, focuses on signing up employees and customers to receive ACH payments. Finally, in the third topic, you have the opportunity to review some of the operational issues you need to think about, such as settlement and returns.

Take advantage of professional and cost-effective elearning training, and look at some of the potential concerns that you should plan for and examine the various issues involved in originating (creating or issuing) ACH transactions.

Learning Objectives

On the completion of this module, you should be able to:

• identify the rights and obligations of each participant in the ACH Network
• sign up employees and customers to receive ACH payments
• identify operational issues and potential concerns associated with ACH obligations

Prerequisite Knowledge

No prior knowledge is required to take this module, though a general knowledge of the subject or exposure to the Treasury Management in an Electronic World module would be helpful to your learning experience.