How to Generate a Positive Pay Report

Overview:

In this article, we will cover the necessary steps to create a Positive Pay Report to upload to your Banking Institution in order to verify the Payees on your printed checks. Please find the available resources below.

Due to an increase of criminal activity across the country where physical checks are getting stolen in the mail and the Vendor payee is being manipulated on the checks, we improved the Positive Pay Report format to make sure that is has the Payee Listed from the accounting profile instead of the vendor name.  This will simply the matching necessary from the bank.

***The report is only available for users of the BE accounting Module.***

Quick Reference:

Link to Full Step-by-Step Guide