Bank - Direct Deposit

If you have purchased the Direct Deposit module, you will need to contact the bank for information. With the Direct Deposit option, you may be able to use ACH Credit for EFTPS (Electronic Federal Tax Payment System). Check with your bank for requirements.

• Go to Setup/Division/Bank
• Select the Division from the drop down list.
• Bank Name: Enter the Name
• Enter Address on the following lines including city, state and zip code.

See your bank for instructions for the following entries:

• Priority Code
• Service Class Code
• Originator Status Code
• Immediate Destination
• Immediate Origin
• Destination
• Origin

• ACH File Name: this is name of the file that PayMaster  Hospitality will create to submit to your bank. See bank for file name.

• Path To ACH: Type or use the browse button to navigate to the location where your ACH file will be saved.

• ACH Name: Enter the name of your ACH file.

• Print Bank Deposit Check? (depreciated)

• Automatic Debit? Select if you are doing an automatic debit.

• Press "Update" to save your information.

Note: If you have multiple divisions with the same bank info you can easily copy the info from the first division to the others by switching to the next division and pressing the “Copy Div: info to this division” button.

You will also need to setup employees in the employee setup screen under "Direct Deposit" tab. This will be covered under "Employee Setup”.

Related Topics

Division