SYSPRO EFT to Nacha Overview
SYSPRO’s EFT (Electronic Funds Transfer) to NACHA module facilitates the creation of a payment file formatted to NACHA instructions which allows the execution of domestic ACH Payments through the Automatic Clearing House Network.
NACHA file has unique formatting with specifications. While the details of the file format can vary between various financial institutions or banks, there are a number of Standard Entry Class Codes (SEC codes) that relate to ACH payment files. The data gets sent or uploaded to a bank portal to execute a mass payment batch.