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Paying for Cookies in 2014!
This year paying for cookies has become much easier! We will be using an Automated Clearing House to handle the troop payments to council for their inital sales, goal getters and booth sales!
What is ACH?
ACH stands for Automated Clearing House and refers to an electronic banking network used for direct deposit and electronic bill payment. If your paycheck is direct deposited into your bank account then you are already using ACH. ACH is employed by many different institutions and is already in use by many Girl Scout councils around the country.
2013-2014 ACH ProgramGirl Scouts Heart of the Hudson is implementing a Council-wide ACH Program for the 2013-2014 Program Year.
How does ACH work?
ACH works by allowing a third party (GSHH) to either debit or credit a troop’s account. The ACH Debit/Credit Authorization Form that will need to be filled out by the troop will authorize these actions. This paperwork includes information such as the troop’s bank account and bank routing numbers and is supported by a voided check from the troop’s bank account. Troops will simply deposit all money collected from Product Programs into their troop’s account. A calculation is made to determine the amount due to Council and is communicated to the troop in advance for review. Then on predetermined dates, the amount is “swept” from the troop’s bank account into GSHH’s bank. The troop does not need to use special deposit tickets nor locate GSHH’s banking information and plan a special trip to the bank. The amount of money that is pulled is based on proven percentages from orders, such as the percentage of an initial cookie order.
Please read our FAQ's to learn more about how this will work and check back soon for the forms to complete to make this happen for your troop.
Do you have banking questions? Find answers here!
ACH Form for Troop Bank Accounts - Electronic Sumbission: Use this form to enable cookie payments to be made automatically
ACH Form for Troop Bank Accounts - Manual Submission: print out, fill out and either email, fax or mail in.