R07, R08-Which One Should I Use?
1.8 AAP/APRP Credits
One of the most common ACH audit findings is the incorrect use of return reason codes. Fear not - help is on the way! Stop payments and revocation of authorization can be tricky to decipher. The session will cover:
- Authorization requirements for ACH;
- Appropriate revocation;
- Rules and regulations for stop payments;
- Processing and returning ACH entries
This session is ideal for ACH Operations, Frontline Staff, Audit & Compliance and AAP Candidates.