ACH Cash Payments

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Question:
We have purchased a vehicle with monthly payments automatically deducted from your bank account. Is there a way to set this up in Accounts Payable?

 

Answer:
Yes! Set up a Recurring Payable to handle the recurring invoice.  Under Transaction Type, select Type 7 – ACH Cash Payment. The transaction amount will automatically be deducted from your bank account each time the recurring entry is processed.

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