You can use the Copy/Merge feature from OLD IRS company IDs to update ACH records by following the steps below:
Start by accessing Tool # 989: Work with ACH Members/Companies and enter the exact Company ID (including any spaces) and the exact Company Name for the company to copy TO (the new company), then use Enter to verify that the ID and name already exist. If no error message appears, use Copy/Merge (F5) to perform the operation. A final confirmation window will appear; if you wish to continue, use “Copy/Merge” again, or use Skip (F8) to enter a different company ID.
- Please note: ACH distribution records that have been updated using the COPY/MERGE function will show on the maintenance log (LELOG2) as “DEPOSITOR DELETED”.
- Depositor Account Numbers that exist in the FROM company but not the TO company will be copied into the new company.
- Depositor Account Numbers that exist in the TO company but not the FROM company will remain as they are, and will still need to be worked manually to set up any needed distributions.
- If the same Depositor Account Number exists in both companies, the system will REPLACE the information in the TO company with the distributions data in the FROM company, so that any distributions that were set up for that member will be retained.
- The Company Name must be specified to allow for situations where the same Depositor ID represents multiple actual companies (such as in the case of a payroll processor representing many different employers). If the payroll processor changes its Company ID but doesn’t move all of its client companies over at the same time, you can copy distributions one company at a time as needed. Remember that the company name is updated on all distribution records automatically whenever an ACH transaction is posted.
- Rerun your PACHSU report after all Copy/Merge actions have been completed to get a refreshed version of the report to perform what is left of your ACH maintenance.
Based on the information we have as of 4/13/2020, the following company IDs will be used for the IRS stimulus checks coming in (each number will be preceded by a ‘9’):
IRS TREAS 310
- 111036170
- 111736946
- 111736959
- 111736043
- 111736056
- 111736069
- 111736072
- 111736085
- 111736098
- 111736108
If you have any questions or require assistance, please reach out to Client Services.