July 12, 2024: Cash Application Updates

We're excited to announce several new enhancements to our Cash Application product, designed to improve functionality, accessibility, and overall user experience. These updates reflect our commitment to providing seamless and efficient solutions for our customers. Explore the details of these improvements below.

1. Added Payment Details to the Payment Status Page

We have added further transaction details to the Payment Status page, providing users with more comprehensive information. This enhancement includes:

• Check MICR data (check serial, ABA, checking account number)

• Fund external key (ACH trace)

When this configuration is enabled, users can search for these fields and include them in the CSV export for easier data management.

2. Added Payment Type to the Split Distributions Lookup Table

Users can now search and sort by payment type in the split distributions lookup table. This field is also included in the CSV export, allowing for better data organization and analysis.

General Improvements

• Increased Split Amount Limit: Added functionality to increase the split amount limit for payments over the current limit of $99,999,999.99 (configuration needed).

• Email History Logic Update: Updated stored email history logic to exclude historical matches for emails from configured skip domains.

• BAI2V2 Fund Import Processor: Enhanced the processor to parse currency codes (multi-currency functionality configuration needed).

• EDI820 Import Processor Updates:

  • Added an option to exclude specific payors.

  • Added an option to include/exclude specific bank accounts.

  • Added an option to ignore RMRTN records.

Bug Fixes

• Resolved an issue where many-to-one batches were breaking.

• Fixed the incorrect date of return in Research/Payments.

• General bug fixes and client-specific import and post-processor changes.