Direct Deposit (Add)

Select the Add button on the Direct Deposit Summary screen to open the Add page.  The Add page displays the Changes to Current Account Information table. You can use this table to add new account information or make changes to existing account(s).

Changes to Current Account Information

This table displays account information that is pending (awaiting prenote).  If there is no pending account information in the system, the table will display current direct deposit account information. If there is no pending or current account information in the system, the table will be blank.

Priority

This field displays the rank/order number in which the direct deposit account will be listed.

Routing Transit #

This field displays the financial institution's nine-digit routing transit number. Click on the column header to display a sample check that shows where to find the routing transit number on your check.

Financial Institution

This field displays the name of the institution to which payments will be directed.

The bank must already exist in the Maintain Direct Deposit Banks screen in Costpoint.  If you enter a routing number and the bank does not exist, the system will display the following message: "The Routing Transit # you entered does not exist in the database.  Please check to make sure it was entered correctly."

Account #

This field displays your account number from your financial institution. Click on the column header to display a sample check that shows where to find the account number on your check.

Type

This field displays a description of the type of account to which the payments will be forwarded. The drop-down options are:  "Checking," "New Checking," "Savings," and "New Savings."

Method

This field displays the method that you have requested be used to divide your pay between (selected) financial institutions.  Method options are:  "Fixed Amount," "Percentage," "Net Pay," or "Inactive."  Net Pay is where the remaining (leftover) money should go.

Pct/Amount

This field displays the dollar amount or percent to be forwarded to your bank account.

Net Pay

The radio button selection shows where the remaining paycheck amount will be forwarded.

Delete

Select this checkbox to mark this bank account information for deletion.

Cancel

Select this button to return to the Direct Deposit Summary screen without saving any changes.

Reset

Select this button to reset the values on the screen to those in the database.

Update

Select this button to refresh the screen and save any changes, additions, and/or deletions that you made. After selecting this button, you will remain on the Add screen.

The Update button comes in handy when you have reached the maximum number of accounts allowed and need to delete old accounts and add new accounts.

Save

Select this button to save any changes, additions, and/or deletions and return to the Direct Deposit Summary screen.