Top Echelon Network Makes ACH Available!

As of today, we are able to accept ACH transfers for Top Echelon’s 6% brokerage fees.  What does this mean?  How does it work? Will it cost me?

As the job recruiter in a split, you will receive an email (from: quickbooks@notification.intuit.com) based on the “expected pay date” listed on the placement form.  This email will contain the subject of “Your Invoice is ready for Placement #”,  the amount of the 6% brokerage fee, the placement number, an attachment of the actual invoice for your records, and a link to our QuickBooks (QB) portal where you will enter your bank information and submit the payment.  [Please note that we cannot accept credit cards for payment of brokerage fees.]

To help make the process easier, we will send a series of email reminders that will include ACH instructions. Below is the email reminder schedule: 

• Approximately 7 days prior to “expected pay date”
• Approximately 7 days after “expected pay date” 
• Approximately 14 days after “expected pay date”

We figure in these time frames you should have received the payment from your client. 

You do NOT need to have a QuickBooks account to pay the brokerage fee by ACH…it will work for QB users and QB non-users. 

This process has been tested several times with a handful of our lovely members and it has worked fantastically.  There is not a transaction fee on your end for paying Top Echelon through this method.  However, you need to check with your bank to see if they have any transaction fees.

Very soon, all placements that are listed as not “Finalized” will be eligible for this method of payment.  So watch your inbox for the invoice email.  Keep in mind, eventually, we will move to this as the only method of accepting brokerage fees.  So you should get accustomed to the process sooner than later.

If you are making your first placement in Network, here is a previous article to walk you through the process:  “You Made Your First Placement, Now What?”

If you have any questions about how the ACH option or about your Network membership in general, please contact me.

You can do so by calling 330.595.1742 or by sending an email to drea@topechelon.com.