Give your employees the convenience of Payroll Direct Deposit. With Payroll ACH Direct Deposit your clerk saves time, your entity saves money, and your employees have a banking option they have come to expect. This module eliminates the processes of printing, stuffing, and mailing checks, and saves money on supplies and postage.
Features
- Employee net wages can be deposited electronically into as many different banks or credit unions and as many checking or savings accounts as desired
- Payments process automatically creating the ACH (Automated Clearing House) file and employee stub
- Can be temporarily overridden, enabling printing of checks
- Email direct deposit pay stubs
- Meets the standard NACHA-compliant format used by financial institutions and conforms to the National Automated Clearing House Association (NACHA) Rules and Regulations
Reports
- Direct Deposit Setup Report
- Direct Depositors
- ACH File Parameters
- Payroll Worksheets can be run for Direct Depositors, Not Direct Depositors, or All
- Payroll Summary separates Net Pay into Checks and Direct Deposit
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