Payroll Direct Deposit Setup Overview

You can directly deposit the employee’s entire net pay, or only a portion of the employee’s net pay, to one or more bank accounts. Before you use the direct deposit feature, you must set up employee and bank code information.

After you set up employee and bank information, you run an initial direct deposit for each employee, to submit the necessary information to the banks involved in the transaction.

When you process direct deposits, Vision:

• Generates a disk file using Automated Clearing House (ACH) format, which is accepted by most banks. You send this file to your bank after you process payroll for the period.

• Generates a Direct Deposit report. This report lists the employee number, employee name, social security number, bank ID, bank account number and type, direct deposit status, and direct deposit amount for each employee included in the direct deposit run.