nacha-report

NACHA - NACHA (National Automated Clearing House Association) is the organization that manages the development,
administration, and governance of the ACH Network in the United States. The ACH Network is a payment system that
allows for the electronic transfer of funds between banks and credit unions.

The NACHA file format adheres to a structure where each line, referred to as a “record,” contains exactly 94 characters,
making also know as fixed-width ASCII file format. These records are organized into various “fields”, each occupying a
predetermined position within the line.

A NACHA file contains 6 different types of records:

Type 1. **File Header**: Starts the file, with details like company name and file creation date.
Type 5. **Batch Header**: Begins a group of transactions, indicating the payment type and originator.
Type 6. **Entry Detail**: Represents individual financial transactions, detailing account numbers and amounts.
Type 7. **Addenda**: Optional, provides extra information for a transaction.
Type 8. **Batch Control**: Ends a batch, summarizing its transactions and total amount.
Type 9. **File Control**: Concludes the file, summarizing all batches and entries.