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How can a NACHA file be created for a specific element entry?
Soon, we will be starting a new voluntary deduction for employees' to have money withheld from their paycheck and deposited directly into their company sponsored Health Savings Account (HSA). We are setting up this new deduction as a new element entry for the employee.
The bank that sponsors the HSA requires that the file we provide to them be in NACHA format. Is it possible to get a file out of E-Business Suite for the HSA element entries in NACHA format? If so, how?
Thanks!