How long does it take from the time a transaction is Authorized until it hits the correct Vendor/Employee Account?
Once a transaction gets an Approval status, there is an additional period of 24 business hours in which the funds are accessed, the destination account is identified and so on. During this period and through the process, the potential still exists for the payment to fail. Click the Get Update button to open the Online Error Notification window where any transactions that fail during this processing period are listed. If a transaction appears in the Online Error Notification window, you should reverse it and handle the payment in a different way.
Related Questions
- What if a person who is not an employee at the Health Science Center needs to be set-up as an authorized signature on an account?
- How long does it take from the time a transaction is Authorized until it hits the correct Vendor/Employee Account?
- Who owns and manages the Vendor Company Account and Vendor Employee Accounts?
