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2CommunicateACSS SYSOPS 319 Team 2Dr. Pat Miranda Software Design Specification DocumentVersion: 1.22Communicate Sedate: (03/17/2006)2CommunicateACSS Revisions VersionPrimary Author(s)Description
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ACSS SDS stands for Automated Clearing Settlement System Daily Summary, which is a report that provides a daily summary of financial transactions processed through the ACSS system.
Financial institutions and businesses that use the ACSS system are required to file ACSS SDS.
ACSS SDS can be filled out electronically through the ACSS system or manually using the provided forms.
The purpose of ACSS SDS is to provide a comprehensive summary of all financial transactions processed through the ACSS system for monitoring and reporting purposes.
Information such as transaction amount, transaction type, sender's information, recipient's information, and timestamp must be reported on ACSS SDS.
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