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For productive cash administration, federal entities need to submit the voucher covering the payment as close to to the last working day in the prompt payment time period as you possibly can. Prompt Payment Act ailments are satisfied if a Examine payment is dated and mailed/deposited within the period, not been given because of the recipient throughout the period of time. They're met for ACH and Fedwire payments In case the settlement day for the payment is in the prompt pay out interval. For more information Visit the Prompt Payment Web site.

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