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About setting up direct deposit
Setting up company information for direct deposit
Setting up employee records for direct deposit
About 5-2-5 Direct Deposit File Manager
When you create a direct deposit file, payroll information is recorded in the file for employees who have authorized direct deposit to their accounts.
The default file name is the check date and company name. Sage 100 Contractor strips out invalid characters (/ \:*?"<>|) in the file name. The file is saved to a direct deposit folder in the company folder.
Important! Before creating a direct deposit file, you must establish a procedure with your bank for transferring the file. Then, transfer direct deposit files using your bank’s established procedure.