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What remittance formats does the J.P. Morgan Business Settlement Network support and can I download this information into my A/R system?

April 26, 2017Business download formats j.p Morgan Network remittance support

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What remittance formats does the J.P. Morgan Business Settlement Network support and can I download this information into my A/R system?

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When your customer submits a payment to you, designated employees at your company will receive an electronic mail notification with a text description of the remittance, which can be viewed directly or printed for applying the payment to your A/R. At any time, these employees can also access the J.P. Morgan Business Settlement Network to view historical payment and remittance information in detail. This information can also be downloaded in numerous standard remittance download formats including: PeopleSoft, Oracle Financials, EDI 820, XML and CSV. You may also choose to have an automated FTP file transfer of the remittance information and Order-to-Pay’s Professional Services team can assist with special file format or system integration requirements.