Bank Accounts Tab

For a new employee, to add a bank account or designate the employee as receiving a physical check, click the Add Bank Account button.

The following window opens where you will enter the appropriate information:

• Enabled - leave this box checked for an account you want to be enabled.  It can be unchecked if an employee no longer wants this account used, which will disable the account.
• NACHA Bank Id - enter the bank's routing number
• Account Number - enter the employee's bank account number
• Account Type - use this drop-down to select Prenote Checking, Prenote Savings, Checking, Savings or Check.  Check is what you choose when an employee receives a physical check.
• Percent - if the employee wants a certain percentage of their paycheck put into this account, enter the percentage here.
• Fixed Amount - if the employee wants a certain dollar amount of their paycheck put into this account, enter the percentage here.
• Used for - Payroll checkbox = the employee's base pay check.  2nd Check = other earnings that are flagged to be paid on a second check (not included in the base pay check).  Check off the boxes that apply.  Examples below.

Click Add

EXAMPLES of how to designate how an employees paycheck will be distributed between bank accounts.

• Example 1 - the employee has one bank account and all paychecks will go into this bank account.  Check off both the Payroll and 2nd Check check boxes.

• Example 2 - the employee has two bank accounts and they want a certain percentage to go into each account.  When using percentages, they MUST add up to 100%.  If they don't, you will receive an error.  In this example, the employee has 10% of all paychecks go into their Savings account, and the rest will go into the Checking account.  

• Example 3 - in this example, the employee wants 100% of their base paycheck to go into their Checking account.  They want 100% of any earnings paid on a 2nd check to go into their Savings account.

• Example 4 - in this example, the employee wants $250.00 of all their earnings to go into their Checking Account and 100% of what's left to go into their Checking account.