Software Tip of the Month

Software Tip of the Month: Adding a New Bank in Payroll

To add a new bank to be used for Direct Deposit in Payroll go to Payroll > Organization > Banks. Click on the “Add/New” icon. Enter the Bank name, Abbreviated name and the Routing number. It’s best to use a bank name instead of assigning a number to the bank because it’s easier to find later. Since this bank record is only being used for Direct Deposit/ACH purposes, you can ignore the other fields related to the GL bank information and GL cash account. Click Yes to finish adding the record.