Direct Deposit Add

Direct Deposit Add allows you to add direct deposit information for a bank account.

For more information on corporations, click here.

Adding or Editing Direct Deposit Information

NOTE: The Direct Deposit Add window is accessed by selecting Direct Deposit Enabled on the Bank Account Add/Basic window and clicking the Direct Deposit button.

NOTE2: Most of the fields on this window are formatted based on specifications from your bank. Therefore, you should check with your bank to determine the correct data to add to the fields.

In the Routing # field, enter the unique, nine-digit number provided by your bank which identifies the banking institution.
In the Account # field, enter the staffing service bank account number from which to withdraw payroll monies.
In the Immediate Destination Id field, enter the Id information requested by your bank.
In the Immediate Destination Name field, enter the information requested by your bank.
In the Immediate Origin Id field, enter the information requested by your bank.
In the Immediate Origin Name field, enter the information requested by your bank.
In the Company Identification field, enter the information requested by your bank.
In the Company Name field, enter the information requested by your bank.
In the Originating DFI Id field, enter the information requested by your bank.
In the Trace # field, enter the information requested by your bank.
In the File Id Modifier field, enter the letter or number that distinguishes multiple files created on the same date and between the same participants.
In the Blocking Factor field, indicate the number of direct deposit records grouped together for transmission.
In the Fill Character field, indicate the character used to fill records to create a complete block of records.
In the Batch Number field, use the droplist to select whether the bank wants a Process Id or a sequential number entered into the Company/Batch Header record.
In the Maximum Advise Information area, you can choose three options:

If there should be no dollar limit on advises produced during the payroll process, select No Max Amount
If you would like the system to issue a diagnostic message if the maximum advice amount is exceeded, select Issue Diagnostic
If you do not want the system to issue an advice for anything over the maximum amount, select Do Not Issue Advice

For the latter two options, enter the maximum amount (REQUIRED) for a payroll processed advice in the Max Amount text box (e.g., 1000 equals $1000.00, 925.75 equals $925.75).

In the Offset Records Required field, check the box (click on it) if offset records are needed by your bank. If this is the case, per requests from banks, the system will create one offset record, associated to the checking account, regardless of the number of accounts set up for the employee. If they are not needed, leave the box empty.
In the Prenote Required field, check the box (click on it) if the bank requires a pre-notification. If they do not require one, leave the box empty.
In the Credits Only field, checking the box causes Positions 2-4 in the Company/Batch Header record and the Company/Batch Control record to default a Service Class Code 220 (Credits Only). If the box is not selected, Service Class 200 (Credits and Debits) defaults.
When you are satisfied with the information provided, click OK to save the information and close the window or Cancel to close the window WITHOUT saving the information.