Company entry description for vendor direct deposit transactions

When you process direct deposit payments for vendors, the application includes those transactions in the batch header record of the ACH file that have a company entry description of either:
  • CCDVENDOR PMT
    (for commercial vendors)
  • PPD1099 PMT
    (for non-commercial vendors).
The application determines the vendor type based on the format (or absence) of the SSN/EIN you've entered for the vendor:
  • The application treats vendors without an SSN/EIN and vendors with an SSN formatted as XXX-XX-XXXX as non-commercial vendors. The company entry description for their direct deposit transactions will be
    PPD1099 PMT
    .
  • The application treats vendors with an EIN formatted as XX-XXXXXXX as commercial vendors. The company entry description for their direct deposit transactions will be
    CCDVENDOR PMT
    .

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