If your unit is expecting an incoming wire or ACH payment, please keep the following points in mind:
- The Anticipated Incoming Wire or ACH Transfer form (located at the bottom of UAFR’s Forms webpage) should be used whenever your unit expects to receive an incoming wire or ACH payment from an external party.
- By completing and submitting this form to UAFR before the payment is received, you help ensure that the payment can be credited to the appropriate C-FOAP on a timely basis.
- When completing the form, ensure that the following information is included:
- Provide a brief explanation of the purpose of the incoming payment (such as a sale of goods or services to an external customer) and attach any supporting documentation available (such as a copy of the related invoice).
- Enter the date the sale was completed (if the payment is for a sale of goods) or the start and end dates of the service period covered by the payment (if the payment is for the sale of services). This information is required so UAFR can properly analyze the transaction for accrual and deferral purposes, which is essential for accurate financial reporting.
- If you need bank routing information for the incoming wire or ACH payment, select “Yes” for the applicable question on the form. UAFR will connect you with a Cash Management representative who can provide the relevant banking instructions.
- After completing the form, click “Submit” at the bottom of the page to send it to UAFR for review and processing.
Contact
For additional assistance, search for “Bank Wire or ACH Receipts” in the Business & Finance Who to Ask list to identify the appropriate subject matter experts.
