Company entry description for vendor direct deposit transactions

Alerts and notices

When you process direct deposit payments for vendors, the application includes those transactions in the batch header record of the ACH file using a company entry description of either CCDVENDOR PMT (for commercial vendors) or PPD1099 PMT (for non-commercial vendors). The application determines the vendor type based on the format (or absence) of the SSN/EIN entered for the vendor.

  • Vendors without a SSN/EIN and vendors with a SSN formatted as XXX-XX-XXXX are considered non-commercial vendors and the company entry description for their direct deposit transactions will be PPD1099 PMT.
  • Vendors with an EIN formatted as XX-XXXXXXX are considered commercial vendors and the company entry description for their direct deposit transactions will be CCDVENDOR PMT.

See also: ACH File - Company/Batch header record

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