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Former Member
Feb 09, 2012 at 11:51 PM

Payment Methods for implementing new bank


Hello Experts,

I need your expert suggestions on the below:

My Client is implementing Bank XX to replace Bank YY. At present, the client is using Payment methods 'A' for ACH Payments and 'C' for Checks with House banks "00001" and "00002" respectively for the Bank YY. We will be setting up New House Banks for the new bank.

When we implement New bank YY, can we:

1. Utilize the same Payment Methods A and C for the New bank YY.

2. What are the issues that will be encountered if we utilize the same Payment Methods.

The Client is planning to use both the Banks for a short period of time and eventually stop using the old bank XX.