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ARC (Accounts Receivable Entry)
An ARC entry is a one time debit entry to the account of a receiver whom has previously been notified that their check (source document) will be...
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ACH
Automated Clearing House – ACH is a reliable electronic funds transfer (EFT) system governed by National Automated Clearing House Association (NACHA).
Related Terms
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Business Day
Refers to any weekday with the exception of federal holidays.
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