Connect Ramp

With Ramp you pay vendor expenses and owner payouts by ACH from VRTrust. Ramp holds the funds and sends the payment. VRTrust never holds or moves your money.

What the connection does

Data	Direction
Chart of accounts, vendors and owners, listings	VRTrust to Ramp, on connect and whenever they change
Ramp checking and card transactions	Ramp to VRTrust, on each sync, for reconciliation
Approved card spend	Ramp to VRTrust as expenses, with their Ramp coding
Bills entered in Ramp	Ramp to VRTrust as expenses, with their paid status
ACH payments	Paying in VRTrust creates the Ramp bill. Ramp sends the payment status back.

Before you connect

• Open and fund a Ramp business account. You can fund it from the bank account you use today. You can apply for one from VRTrust.
• In Ramp, disconnect QuickBooks or Xero if one of them is the accounting connection. VRTrust must be the only one.
• Set up your chart of accounts, vendors, owners and listings in VRTrust. Ramp receives what exists.
• A VRTrust team admin connects Ramp.

Connect

1. Go to Banking and click Add a bank account.
2. Choose Sync bank records and send ACH payments and click Continue.
3. Sign in to Ramp as an admin and approve access.
4. Wait for the first sync. You can follow it under Connections > Syncs.
5. Open the Ramp connection and check which workflows are on.

VRTrust adds two bank accounts: Ramp Operating - Ramp Checking and Ramp Credit Card with your entity name. In Ramp, the accounting fields Accounting Category, Accounting Merchant, Listing and Bill to Owner appear.

Pay by ACH

1. Open the vendor or owner, go to the Payment method tab and enter the routing and account number.
2. Set the default payment method to ACH via Ramp and save. Ramp verifies the account, and the payee and your team admins get an email.
3. To pay an expense, open it, choose to pay by ACH through Ramp, pick the funding account and the amount and submit. You can pay part of it.
4. To pay an owner, use the Payouts section of the owner statement the same way.

The payment stays pending until Ramp confirms the cash. The payout date you enter is the accounting date in VRTrust. Ramp gets it as the target arrival date. An expense you pay another way, such as by check, never appears in Ramp.