Sage 100

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Anyone needing to set up Penny Test processes in Sage 100?

Posted By IBPIT over 1 year ago

We need to have the ability to use Penny Test to verify bank accounts for a vendor instead of Pre-Notes. There are too many ways that fraud can occur by just using Pre-Notes.

I created the following idea. If you agree, please vote for this.

www5.v1ideas.com/.../41960

0 BigLouie over 1 year ago

In test I have been involved in they deposit and then remove the penny so I don't bother to enter the transaction unless you want to stop them from taking the penny back.
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0 IBPIT over 1 year ago in reply to BigLouie

Thanks, BL. We do not require the money to be removed from the account. Most vendors will apply the pennies to our account for use against a future invoice. I guess that should be an option in the process as well.
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Sage 100

Anyone needing to set up Penny Test processes in Sage 100?

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