What happens if I add ACH as a payment method when I have an outstanding invoice?

Adding an ACH payment method while having outstanding invoices requires careful consideration to ensure smooth transaction processing and account reconciliation. This guide outlines the steps to take and potential outcomes when adding ACH as a payment method with outstanding invoices.

Step 1. Initiate ACH Setup: Begin by navigating to your Payment Methods from your account and selecting the option to add ACH as a payment method.

Step 2. Review Outstanding Invoices: During the ACH setup process, you may receive a warning or notification indicating that you have outstanding invoices. 

In case you have any outstanding invoices, you will need to indicate whether you have already made a wire payment for any of them. This is done to ensure that funds aren't pulled if payment has already been made. 

If you select that wire payment has already been made, the funds will not be pulled automatically for the outstanding invoice. 

Step 3. Ensure Sufficient Funds: Ensure that you have sufficient funds available in your bank account to cover any outstanding invoice payments that will be processed via ACH. Insufficient funds may lead to failed payments and potential fees.