Canadian payment file CPA Standard 005
I was really excited to see the recent release re: checks to "add the ability to create a ACH094 file for Canadian clients to use nacha type functionality with CSuite." After checking with our bank, it turns out they don't use this file type, but instead use CPA Standard 005 (see link below). It would be fantastic if this file type could be added to the options for ACH format.
https://www.payments.ca/sites/default/files/standard005eng.pdf
Released 1/3/2024:
Accounts: Added the ability to use CPA005 file format for electronic payments for Canadian clients. An ACH format will be set in System Data, but users can the select per account which format to process based on the financial institutions requirements. Select Configure in the ACH Configure Settings. A new page will display and users will need to configure the options for the file format. Users will see ACH File Sub Format: Standard(1464), Central 1, RBC formats. If the ACH Options are already configured, users will need to clear the ACH options to edit at the Account level. Once this field is cleared, users will be able to select a file format and ACH options at the account level.
System Data: Added CPA005 file to the ACH Format field. Selecting an ACH Format from System Data create that file type for any Bank or Investment account using electronic payments. The ORG ID field to is an alpha numeric field . Added the ORG Short Name field, this field is limited to 15 characters. If the Addendum is enabled the Check Memo field will display in the record. This field will be limited to 19 characters. Using the left-side menu CPA005 Settings will allow users to edit all settings for the file once the credentials are configured. Options within Settings: Org ID, Org Short Name, File Number, Processing Center, Addenda Record.