Creating bank accounts
-
Select Payroll Administrator > Setup > Bank Setup.
or
Select Administrator > Set Up > Payroll > Bank Maintenance
- On the Bank Accounts tab, click Create.
- Specify a bank account number and select a country in the Country field.
- Specify an originating Depository Financial Institution (DFI) number, the check digit, and a description.
-
To enable direct deposit automatically, specify Direct Deposit File
Details.
- Sending Point DFI
- Specify the sending point DFI number and a description.
- Include Prenotes
- Select this check box to include prenotes in the ACH file.
- Create Label Records
- Select this check box to include header and trailer label records in the ACH file.
- Include Balanced Offset Debit Entry
- Select this check box to include a Record Type Code 6 entry detail debit record that uses transaction code 27 Automated Payment - Debit. This entry's debit amount equals the total of all credit entries, or employee 6 records, in the tape file. The file length for debit amount is 10 characters. Any amount over 10 numeric characters is dropped.
- Entry Detail Records Per Batch
- Specify the number of entries to include in a single batch. The maximum number of entries per file is 9,999,999. Each file contains at least one batch of entries, including a batch header and batch control record.
- Batch Service Class Code
- Select the service class code. The default setting uses 200 or 220 based on a balanced option. The enhanced setting uses 200, 220, and 225 based on the entries in the batch.
- Company Discretionary Data
- If your company uses Company Specific Data, specify an alphanumeric value in this field. By default, this value is left empty.
- Click Save.