FAQ #: 126
I pay a lot of vendors (and employees) with direct ACH payments. These payments clear my bank within two days of processing. Why do I have to mark them off the Check Reconciliation?

There is an option to have Answers mark ACH payments from vendors and employees as "cleared" automatically. This will save the user time at month-end when reconciling the bank statement.

Under the Answers Configuration, General Ledger, Advanced Options, there is a setting for allowing the ACH payments to be cleared automatically. These payments can either be cleared immediately using the check date as the clearing date, or you can enter a future extension of days to wait from the check date and then clear the payments.