Financial Management - PSFT (MOSC)

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We are on PeopleSoft 9.2 - How do we identify an ACH item as a Micro Entry

in Financial Management - PSFT (MOSC) 6 commentsAnswered

With the new NACHA Rules related to Micro Entries that goes into effect on Sept 16, 2022, how will the micro entry be identified to include the Company Entry Description Field of "ACCTVERIFY"? What would be the difference of an actual ACH AP Payment for less than a $1.00 and a micro deposit to verify an account?


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