Direct Deposit is an enhancement for the Sage MAS 90 and Sage MAS 200 applications developed by Sage Software. The Direct Deposit module handles all your direct depositing needs for Payroll checks. This module processes all direct deposits according to the National Automated Clearinghouse Association (NACHA) standards, the institutional model banks follow for transferring direct deposits. With the Direct Deposit enhancement, you will be able to test the accuracy of deposit transactions by submitting zero amount entries for an employee 10 days before a live transaction as required by NACHA rules. Employees will also be able to deposit paychecks into multiple accounts.
Accurate Direct Depositing Every Time!
- Deposit employee pay under NACHA standards with built-in direct deposit processing!
- Post zero amount transactions to a new employee's bank account 10 days prior to a live transaction to ensure accuracy.
- Supports multiple company deposits - no more separate bank files for each company!
- Supports NACHA file types and ASCII file types - whichever your company uses.
- Use Batch Re-Transmission Utility to retransmit a bank file.
Easy-to-Use
- Each screen of the Direct Deposit module contains a list of questions with choices, or easy-to-fill-in fields.
- Access help at any time by pressing F1!
Employees Make the Decisions
- Employees can elect to send money to savings, checking, and/or receive a partial printed check.
- Direct Deposit provides the Direct Deposit Verification Report, which employees sign after verifying account numbers and amounts.
Witness the Power of Accurate Reports
- The Direct Deposit Verification Report allows employees to review the accuracy of posting amounts to bank accounts and banking account numbers.
- The Direct Deposit History Report displays the direct deposit history sorted by employee. This report displays the date, check number, routing number, and account number of completed direct deposits.
Direct Deposit is perfect for any business looking for an accurate tool to provide direct depositing of employees' paychecks into their bank accounts.
Learn how Direct Deposit and Sage MAS 90 or Sage MAS 200 works together to help you manage your payroll process.