The Direct Deposit dialog is used to enter information necessary for creating an ACH file for the funding transactions. This information is used for identification by the institution that will receive the ACH file and is required for creating the EPS files that are the components of an ACH direct deposit file.
From the CSA main window, choose Utilities > Funding, and then choose Setup > Direct Deposit from the Funding dialog.
Note: Much of the information to be entered on this display should be provided to you by the bank to which the ACH file will be transmitted.
If you will be combining EPS files for multiple clients into one ACH file, the information in the Immediate destination bank ID, Immediate origin, and Reference code fields must be the same for each client to be included in the ACH file.
Fields & buttons
Enter the minimum amount required by the destination bank or by company policy for each payroll direct deposit transmittal.
The application refers to this minimum amount when you click the Create EPS File button in the Funding dialog. If the total selected amount is below the specified minimum, the application will not allow you to create an EPS file in the Funding dialog.
Required information: Enter the ID of the bank that will receive the ACH file, or select it from the drop-down list.
Note: The drop-down list for this field includes all banks entered in the Payroll CS Direct Deposit module's Bank Information dialog. (To open the Bank Information dialog, choose Direct Deposit from the CSA Utilities menu. Then, from the Direct Deposit module's Setup menu, choose Bank Information.)
Required field (unless both the Immediate origin field and Immediate origin name field are filled in):
Enter the ID of the bank where the ACH file originated, or select it from the drop-down list.
Note: The drop-down list for this field includes all banks entered in the Payroll CS Direct Deposit module's Bank Information dialog. (To open the Bank Information dialog, choose Direct Deposit from the CSA Utilities menu. Then, from the Direct Deposit Setup menu, choose Bank Information.)
Required fields
Note: If you entered an ID in the Immediate origin bank ID field, you may leave these two fields blank.
Enter the immediate origin information in these fields if your bank requires something other than a routing number in the immediate origin field. The bank should be able to provide you with the appropriate information to enter here.
Enter the reference code. The bank should be able to provide you with the appropriate information to enter here.
Enter the client's company name (using up to 16 characters).
By default, the ACH files created by the application include both deposit and withdrawal transactions.
If your bank requires only the deposit transactions and not the balancing withdrawal transactions, mark this checkbox.
Note: This checkbox cannot be marked simultaneously with the Exclude Impound checkbook transaction checkbox.
By default, the ACH files created by the application include both deposit and withdrawal transactions.
To exclude the credit (deposit) transaction of the Impound checkbook account from the ACH file, mark this checkbox.
Note: This checkbox cannot be marked simultaneously with the Exclude withdrawal transaction checkbox.
Enter the company discretionary data, if applicable. The bank should be able to provide you with the appropriate information to enter here.
Enter the company identification information, if applicable. The bank should be able to provide you with the appropriate information to enter here.
Enter the company entry description, if applicable. The bank should be able to provide you with the appropriate information to enter here.
Enter the company descriptive date, if applicable. The bank should be able to provide you with the appropriate information to enter here.
Required information: Enter the ID of the originating Depository Financial Institution (DFI) bank, or select it from the drop-down list.
Note: The drop-down list for this field includes all of the banks entered in the Payroll CS Direct Deposit module's Bank Information dialog. (To open the Bank Information dialog, choose Direct Deposit from the CSA Utilities menu. Then, from the Direct Deposit module's Setup menu, choose Bank Information.)
Enter the message authentication code, if applicable. The bank should be able to provide you with the appropriate information to enter here.
The following options are available for this field:
Choose the appropriate option, based on instructions that you receive from the bank.
Related topics
Impound overview and procedures