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How to adjust "lead time" in Q2005?

 

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Subject Author Date
How to adjust "lead time" in Q2005? Zilla 08-14-2006
Posted by Zilla on August 14, 2006, 8:48 pm
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How can I adjust the "Lead Time" for
my online payees? It defaults to 4.

--
- Zilla
Cary, NC USA
(Remove XSPAM)




Posted by John Pollard on August 14, 2006, 9:00 pm
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> How can I adjust the "Lead Time" for
> my online payees? It defaults to 4.

I don't believe you have any choice in this; it's set by the
billpayor. It should be 1 or 2 if the payee accepts EFT
payments.

The way I understand it, there has been a change (a beneficial
change to the billpay user) in the way online payments are
handled. Previously, you designated the date you want the
payment "sent"; now you designate the date you want the payment
received by the payee; bank accounts get debited when the payee
cashes the check (or receives the EFT). In order to insure the
ability to deliver the payment on schedule, the billpayor needs
a certain minimum advanced notice of the delivery date.



Posted by Zilla on August 15, 2006, 8:45 am
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>
> > How can I adjust the "Lead Time" for
> > my online payees? It defaults to 4.
>
> I don't believe you have any choice in this; it's set by the
> billpayor. It should be 1 or 2 if the payee accepts EFT
> payments.
>
> The way I understand it, there has been a change (a beneficial
> change to the billpay user) in the way online payments are
> handled. Previously, you designated the date you want the
> payment "sent"; now you designate the date you want the payment
> received by the payee; bank accounts get debited when the payee
> cashes the check (or receives the EFT). In order to insure the
> ability to deliver the payment on schedule, the billpayor needs
> a certain minimum advanced notice of the delivery date.
>
>

Ok thanks. I was hoping there was a way. I still can't set my
"Remind me X days in advance" to less than 6 (counting only
business days) so I went this route.

--
- Zilla
Cary, NC USA
(Remove XSPAM)




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