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Check/ACH Request Setup Screen Field Descriptions

The following is field information for the Check/ACH Request Setup screen. Use this feature to manage DDC1 check request options.

The fields displayed can vary depending on your permissions or loan conditions.

ACH Trans. Fee

Type the ACH transaction fee amount.

ICE configures this field. This field is not available if a servicer has multiple regions.

Cost Credit Not Applicable

Include all cost line items, even if negative, in the check request file.

Enable ACH

Allow electronic processing of payments as ACH (automated clearing house) transactions to vendors that accept electronic payments.

ICE configures this field.

Fee Credit Not Applicable

Include all fee line items, even if negative, in the check request file.

Generate Empty Check Request File

Generate a check request file even if there are no approved invoices for the processing cycle.

Generate Empty Check Request File With Default Values

Generate a check request file with default values even if there are no approved invoices for the processing cycle.

Invalid Coding Notification

Send an email notification when line items fail the DDC1 process. Users can still run the Payment Error Report.

Invoice Level Report

Report a list of exported invoices.

Line Item Costs

Include individual cost line items in the check request file.

Line Item Fees

Include individual fee line items in the check request file.

Line Item Option 1 (Cost)

Include only positive cost line items in the check request file. The negative value total becomes the cost credit.

Line Item Option 1 (Fee)

Include only positive fee line items in the check request file. The negative value total becomes the cost credit.

Line Item Option 2

Handle cost line items in the following way:

• If the cost line item total is greater than zero, include only positive cost line items in the check request file, and the negative cost line item total becomes the cost credit.
• If the cost line item total is less than or equal to zero, include nothing in the check request file, and the negative cost line item total becomes the cost credit.

Payment Import Notification

Select one of the following DDC1 process notifications for the Import/Export Notification Group:

• Send only if payment errors
• Send Always

Separate Check

On the Invoice Approval page, provide the Separate Check option or Add a Memo field. Selection/completion of these fields on the Invoice Approval page initiates disbursement of a separate check.

This option is available only to MSP® clients and servicers that send individual rather than aggregate line item costs and fees to the check request file.

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Confidential, Proprietary and/or Trade Secret
TM SM Registered Trademark(s) of Intercontinental Exchange, Inc. or a subsidiary or affiliate
Copyright 2024 Intercontinental Exchange, Inc. All Rights Reserved
ICE | Privacy Notice