EDM: After Enabling NACHA, When Multiple Deals Are Netted Together, Then The ACH Payment File, Does Not Contain The Bank Account Details (Doc ID 2937934.1)

Last updated on MARCH 30, 2023

Applies to:

Symptoms

After enabling NACHA, when multiple deals are netted together, then the ACH payment file, does not contain the bank account details

STEPS
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1. Enable NACHA with the below setup:
1a. Setup encryption and decrypton algorithm key sets for Bank Account Number (PeopleTools – Security – Encryption – Encryption Algorith Key Sets)
1b. Define the enxryption and decryption profiles for Bank Acocunt Number (PeopleTools – Security – Encryption – Define Encryption Profiles)
1c. Validate the above encryption profiles (SetUp Financials / Supply Chain – Common Definitions – Encryption Configuration – Bank Account Number Encryption)
1d. Test the encryption profile to make sure it iw working fine (PeopleTools – Security – Encryption – Test Encryption Profiles)
2. Make sure that the bank account is masked after enabling NACHA (Banking – Bank Accounts – External Accounts) and settled through Financial Gateway and for ACH payment method, the layout is 820 ACH
3. Create multiple deals for the same business unit (US001) and counter party (USBNK / ACH/ 820 ACH) (Deal Management – Capture Deals - Deals)
4. Under settlement manager (Cash Management – Settlements – Settlement Manager), follow the below steps:
4a. Net the deals together
4b. Select the netted deal payment
4c. Approve the netted deal payment and make sure it is loaded to Financial Gateway
5. Dispatch the payment (Financials Gateway – Process Payments – Payment Dispatch)
6. Verify the payment file generated

Cause

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