Payments processed by Accounts Payable for goods and services may generally be classified into the following types:
|EFT||EFT payments are made for all active employee reimbursements. Establishment of EFT Detail is through TechWorks Employee Self-Service for Payroll payments.|
|ACH||ACH payments are available for all non-employee payments. Establishment of ACH Is through GT’s Bank of America PayMode system. A registration link is available via The Business Services Vendor Information website.|
|Check||The standard payment process is via paper check mailed to the remit address on the Payment request or invoice.|
|Wire Transfer||International payees can receive funds in US or foreign currency via departmental Completion of the Wire Transfer Request Form.|
|Foreign Draft||A foreign draft can be issued to vendors that can not accept a wire transfer or a check In US currency. Use the Check Request Form and provide documentation to support the request for foreign currency payment.|
|PCard||The PCard can be used for small dollar purchases (less than $5000, with no single item over $3000) for non-GT contract catalog items.|
- P Card - P Card is the preferred method of payment for materials, supplies and services equal to or less than $5,000.