Retracting a direct deposit file

Important! A direct deposit batch should only be retracted if the payroll records are in a Computed status. If payroll records are in a Posted status when the direct deposit batch is retracted, a new direct deposit batch cannot be created unless the payroll records are voided and recreated.

You can retract a batch of payroll records after you have created a direct deposit file. Retracting a direct deposit batch enables you to clear a direct deposit batch number from employee payroll records. Retracting a direct deposit batch will not affect the General Ledger. Use this function when you need to make an adjustment to the payroll records included with this batch file.

To retract a direct deposit batch file:

  1. Open 5-2-5 Direct Deposit File Manager.
  2. From the Options menu, select Retract Direct Deposit Batch.
  3. Enter the Batch Number.
  4. Click Retract.