Sage MAS 90 and MAS 200 v4.4 Positive Pay Export
Sage MAS 90 and MAS 200 Version 4.4 Product Update 2 includes a new feature in the Bank Reconciliation Module for a Positive Pay export file that can be transmitted to your bank. MAS 90 and MAS 200 Positive Pay is designed for businesses that want to prevent check fraud and want their financial institution to help monitor against suspicious check activity. Positive Pay will match the account number, check number, and dollar amount of each check trnsmitted for payment against a list of checks previously authorized and issued by your company. All three components of the check must match or it will not be paid.
See attached for technical details relating to the export.
Related Blog Posts
Choosing a new CRM isn’t an easy decision. However, once an organization gets to the finish...Read More
Should you host your customer relationship management software in the cloud? Short answer: yes. We’re going...Read More
Have you ever heard of Pareto’s Principle? Neither had we by that name. But it’s also...Read More