Using Q2005HB, I'm in the process of creating my "Online Payee List". When I attempted to pay a bill that happened have a "Description" in the setup window ("Edit Online Payee"), that one-word description appeared as part of the payee's name on the list of payee. Specifically, "MBNA America" came out "MBNA America {Gregory}". Is the latter the way the payment system will attempt to identify the payee? I would assume the lead identifier in the MBNA example would be the probably be set electronically by the input of MBNA manually for the 1st time plus my account number but had MBNA been a payee that would demand a paper check, how would that address appear... (A) MBNA America or (B) MBNA America {Gregory}?
"Online Payee List" - Payee Includes Description?
Jun 11, 2006
3 Replies
I believe the "description" will be used to differentiate between two or more payees whose names are otherwise the same. I believe that what appears in curly braces does not get printed on checks, etc.
That is correct based on my experience with Wachovia. Whatever is in the curly braces is not printed on the check. What does get printed is the Account number and whatever you have put in the Memo field.
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