Beta: Creating a NACHA file payout to owners

Accounting by Guesty provides the ability to generate NACHA (National Automated Clearing House Association) bank files, enabling efficient ACH transfers for owner payouts. Seamlessly create and manage NACHA files for payouts, ensuring compliance with ACH standards while streamlining bulk payments.

Before you begin

Currently this option is only available for US-based Accounting by Guesty users.

Most US banks require a corporate bank account to support NACHA file uploads. Standard business banking accounts typically do not support this functionality. Please verify this requirement with your financial institution.

If you have multiple cash accounts in Guesty, NACHA files can only be generated from your default account.

When setting up your default account, you must enter your Company ID. This is a 10-digit identifier for entities collecting payments or sending money via NACHA bank transfer files. Company ID may also be referred to as "originator".

Add bank details to owner profile

Step by step:

1. Sign in to your Guesty account.
2. In the top navigation bar, click the mode selector and select Operations mode.
3. Click Owners.
4. Click the relevant owner to open their profile page.
5. Scroll down to "Payout details".
6. Click Add payout method.
7. From the dropdown select NACHA.
8. Enter the bank details then click Save.

Create a NACHA file for payouts

Step by step:

1. Sign in to your Guesty account.
2. In the top navigation bar, click the mode selector and select Accounting mode.
3. Click General ledger and select Balances.
4. At the top left click the view name to change it, then select Owners balance as of today. (See more information about creating a filter for outstanding balances.)
5. Search or filter for the relevant owner.
6. Click the checkbox for one ore more relevant line items, then click Pay at the top right.
   • You must individually select each item. If you click "select all" at the top of the column, NACHA will not appear as a payout option in the next step.   
7. Under "Payout method" select NACHA bank transfer file. Complete the rest of the fields. (See more information about editing a payout.)
8. At the bottom right, click Download NACHA file.

Next steps

Upload the generated NACHA file to your banking platform to initiate payouts.

Processing the payout in Guesty can take up to 15 minutes. View the processing payout in your disbursements reports.

Once we finish processing the payout we will:

• Change the status to completed in the disbursements reports
• Update the outstanding balance amount in the general ledger balances
• Add a new payment entry to your posting journal