inDinero can send money via ACH or check to anyone your business needs to pay. Both payment processes have a lot in common, but there are a few differences you should note before you begin.
If you’ve never sent money to this particular payee then you will need to set them up first. You can either add it now by selecting Add New Vendor in the drop-down menu on this screen or see Add Vendors for more. You can also edit the vendor’s information by clicking the pencil icon next to the Pay to field.
Once your vendor is set up, it’s simple to send an ACH payment. To begin, go to Bills on the left menu bar and select Make a Payment.
If you’re sending money unrelated to a bill, select your vendor from the drop-down, input the payment amount, make note of any memos that may help you categorize this later, and click the Send button. Your payment should post within 7 to 10 business days.
If you’re sending money related to a bill, choose the vendor and a pop-up will appear with open bills. Select the bill you wish you to pay.Keep in mind, you can also initiate the Send Money feature directly from a bill by recording a bill payment and choosing ACH or Check. Please refer to the Pay Bills article for instructions
After you send your payment, keep an eye on your ACH payment status by checking the Make a Payment tab.
- Submitted: The payment hasn't been sent yet, and can still be cancelled.
- Processing: Payment is on the way and will process anywhere from 7 to 10 business days.
- Cleared: The payment has cleared.
- Failed: There are a few reasons why your ACH may have failed. If the ACH payment billing failed, the Master User will receive an email notification.
If Full Service Bill Pay is disabled, each ACH sent will be $1 and $2 for Full Service Bill Pay users.