What you need to Know about ACH Stop Payments & WSUDs
June 3 2020 18:00 - 19:30 UTC
When do you use a stop payment and when do you use a Written Statement of Unauthorized Debit (WSUD)? One of the biggest audit findings in ACH is the improper use of a stop payment and/or WSUD. Understanding the difference between the two, when to use each, how to complete, and how long to retain them are all important factors.
Join me during this session to learn the ins and outs of Stop Payments and WSUDs.
• Prerequisites: N/A • Advanced Preparations: N/A
• Course Level: Basic • Group Internet Based Training
CBANC Network is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
- Written Statement of Unauthorized Debit
What You Need To Know About ACH Stop Payments & WSUDS - 2020 SG.pdfAttendees Only
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