Cloud has the Accelerated ACH Deposits functionality that reduces the time for ACH payments to be deposited to your bank account from the regular T+4 business days to T+1 business day.
Here are a few things you need to know about the Accelerated ACH Deposits functionality:
The functionality is enabled for the entire Cloud subscription and cannot be enabled on a per-project, per-customer, or per-transaction basis.
D-Tools and its payment processing partners verify an ACH transaction's eligibility for accelerated deposit.
An accelerated deposit is not always guaranteed; only eligible transactions are deposited on a T+1 schedule.
A transaction eligible for accelerated deposit incurs a transaction fee.
To enable Accelerated ACH Deposits:
1/ Go to "Settings > D-Tools Payments" in the left navigation menu.
2/ In the "Accelerated ACH Deposits" tile, click "Enable."
3/ In the modal, click "Agree & Enable."
Once enabled, you will see an "Accelerated ACH Enabled" label on invoices sent for projects, change orders, service contracts, subscriptions, and service calls.
If the customer makes an ACH payment and the transaction is eligible for an accelerated deposit, the deposit can be expected within the next business day.