Functions: Payments

Generate a NACHA Payment File

Sensr Portal offers the ability to produce a NACHA payment file, which allows you to quickly and easily generate an ACH payment for investors with your bank of choice.  Once you have undertaken the necessary steps to setup NACHA payment functionality in your system with Sensr Portal Support, follow the below steps below.

IMPORTANT: This feature is available upon request. To enable NACHA payments in your software, please reach out to support@sensrsolutions.com.

How to Generate a NACHA Payment File

  1. Ensure Payment details are turned on: 
    1. Navigate to Functions and click on Preferences.  
    2. From the Admin View tab, scroll down to the bottom of the page to the Payments section.
    3. Click the grey toggle switch to ON. 

    4. From the dropdown menu, choose whether you'd like to collect ACH data for the Contacts only, Investors only, or both Contacts and Investors, and save your changes by clicking on the Update Preferences button.


  1. Set Up Company Bank Accounts for each property:
    1. Navigate to Functions  and click on Payments.

    2. In the Company Bank Accounts section, click on the +Add button.

    3. Add the bank account details for each property you have an account for (Update Capital support can help with this setup). Click the Create Company Bank Account button.




  1. Once you have collected all ACH data from your investors (note, this can be done by setting up a user profile action). Also ensure you have recorded your distribution for the relevant property: Managing Distributions.
  2. Then, return to the Functions click on Payments.

  3. In the Payments section click on + Distributions ACH button.


  4. In the Add a Payment - Distributions ACH popup, enter the required details and click Create Payment 

  5. The software will aggregate all distributions with a distribution date between the start and end date for each investment entity into one line item, which will be summarized on the payment page for you to verify: 


  6. Click Create Payment when you have confirmed the amounts.

  7. Then, below the Payments panel click NACHA to download the NACHA file that you can then upload to your bank.