Checkbook.io Distribution Types

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Overview

Checkbook.io gives you a full ACH solution as well as allows you to send all your checks digitally using email for instant delivery. The recipient/vendor can either print the check or deposit it online, and the settlement can happen either over ACH or Check21 rails using check images. This is a complete end-to-end ACH solution, including return processing and notification. 

With Checkbook.io and Accounting Seed, digital checks can be sent instantly in just a few simple clicks. No more printing checks and mailing them out manually. Best of all, your recipients will receive an email that enables them to deposit those digital checks online. Checkbook.io and Accounting Seed provides one complete finance and digital check payment solution directly on Salesforce. 

For information on how to use checkbook.io on Accounting Seed, refer to the Checkbook.io’s Accounting Seed Plugin User Guide.

Note: ACH (Automated Clearing House) in banking is a network that coordinates electronic payments and automated money transfers. 

Checkbook.io Distribution Types

Checkbook.io automatically determines which type of distribution to use based upon whether certain fields are populated.  The table below summarizes these fields with the corresponding distribution type.

Disbursement TypeDependent FieldsStatus after checkbook.io sends payment Recipient
Notification
Digital CheckEmail address must exist on the Vendor’s Billing Contact record

- AND -

No existing ACH information on the Vendor nor the Cash Distribution record.

Status after payment: UNPAID

Possible final statuses:
  • PAID
  • VOID
  • EXPIRED
  • PRINTED
  • MAILED
Email digital check with an option to deposit online, print and deposit, or request a printed check
ACH Direct DepositEmail address must exist on the Vendor’s Billing Contact record

- AND -

ACH information must exist on the Vendor or the Cash Disbursement record.

Note: Cash Disbursement ACH information will supersede the Account ACH information. 		Status after payment: IN_PROCESS

Possible final statuses:
  • PAID
  • VOID
  • FAILED
  • RETURNED
Email confirmation
Mailed CheckNo email address exists on the Vendor's Billing Contact record.

Note: A physical check will be mailed to the Vendor's address on record.  		Status after payment: IN_PROCESS

Final status: MAILED		No email confirmation

Note: If the recipient/vendor has already received a digital check using Checkbook.io and has an existing bank account number on Checkbook.io, the funds can automatically be transferred to the recipient/vendor’s bank account. The recipient/vendor will receive an email notification, and will not be required to take any action to receive the funds. 

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Title
Checkbook.io Distribution Types
URL Name
7394
Cash OutCreate Cash Disbursements
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