How To: Setting Up Direct Deposit (10-90-02)

Overview

This selection is used to enter and maintain Direct Deposit fields.

Step-by-Step

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  1. If Direct Deposit is licensed on your system, complete the following fields before building a direct deposit transmittal file:

    2. Preference
    Description

    The information entered in these fields for the direct deposit account must be provided by your bank.

    We only support ACH Standards, so before activation you will need to confirm with your bank that their standards are compatible. If they use other standards, a custom program may be necessary.

    Destination Code
    Enter the Destination Code provided by your bank.

    Destination Name
    Enter the Destination Name provided by your bank.

    Bank Routing #
    Enter the Bank Routing Number provided by your bank.

    Bank Account #
    Enter the Bank Account Number provided by your bank.

    (C)hecking/(S)avings
    Enter “C” if the direct deposit account is a Checking Account.

    Enter “S” if the direct deposit account is a Savings Account.

    Company ID
    If you have more than one account with the bank, enter the Company ID (e.g. “1” or “2”) for the direct deposit account in this field.

    If the field is left blank, it automatically defaults to “1.”

    Enter String Value for First Record
    If applicable, this information will be provided by your bank.
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