Inactivating a bank account

Administrators, payroll administrators, and employees can inactivate a bank account on the current date. After the bank account is inactivated, they cannot update the inactive bank account. There is no assigned deposit order on an inactive bank account record.

When partial direct deposit is not enabled on the Bank Details Setup page, the remaining balance account record cannot be inactivated using the Inactivate action. Employees can request that an Administrator or Payroll Administrator inactivate the remaining balance account record by clicking Request to Inactivate.

When you add a new bank account and select Remaining Balance as a deposit type, the active remaining balance record is inactivated. When you update a flat or percent deposit type to Remaining Balance, the active remaining balance record is inactivated. When you use the Add or Update action, click OK on the confirmation message to inactivate the existing remaining balance record.

  1. From Employee, select Profile > Personal.
  2. In the Bank Account pane, click View.
  3. Select an active bank account.
    Partial direct deposit must be enabled on the bank account.
  4. Click Inactivate.
  5. Click Ok.