Financial Accounts is currently in beta and is not yet available to all accounts. If you're interested in joining the beta for this feature, please reach out to support@payhoa.com.
See a video of how to do this here.
Starting an ACH Payment from Financial Accounts
In your left navigation, go to Financial Accounts.
Select Move Money, then Pay Vendor.
Add the invoice you would like to pay. You can either drag and drop an invoice file directly into the page, or enter the invoice details manually.
Once your invoice has been added, select Continue.
Select Schedule Payment, then choose ACH Transfer. ACH payments are drawn directly from your PayHOA balance.
Decide whether to send the payment immediately or schedule it to go out on a later date. If you are scheduling it, enter the date you would like the payment to send and select Continue.
Review all of the payment details to make sure everything is correct.
When everything looks right, create the payable to send or schedule the ACH payment.
Starting an ACH Payment from the Payables Module
You can also start an ACH payment directly from the Payables module. From this point, the process is exactly the same as it is from Financial Accounts.
Go to the Payables module and select Create Payable.
Enter your invoice details.
Select Schedule Payment, then ACH Transfer, just as you would from the Financial Accounts dashboard.
Choose to send the payment immediately or schedule it for a later date, review your details, and create the payable.
Tracking Your Payment
Once your payable has been sent or scheduled, you can find it in the Payables module:
Payments you sent to go out immediately appear in the Paid tab.
Payments you scheduled for a later date appear in the Unpaid tab.