Accredited ACH Professional (AAP) Practice Exam 2025 - Free AAP Practice Questions and Study Guide

The Entry Detail Record is a crucial component of an ACH (Automated Clearing House) transaction, as it provides detailed information about the transaction itself. This record specifically identifies the receiver's account number, the name of the account holder, and the transaction amount, ensuring that the funds can be accurately transferred from the sender to the intended recipient.

In the context of ACH transactions, this detailed information is essential for processing and reconciling payments. It ensures that not only the correct amount is debited or credited, but also that it is done so to the correct account, thereby facilitating smooth financial operations and reducing the risk of errors.

Other aspects such as the sender of the transaction or the type of the transaction may be important, but they do not fall within the specific identification functions of the Entry Detail Record, which is dedicated to detailing the transaction's impact on the receiver's account.