x Want to participate? Join the group to interact
  • State Not Answered
  • Replies 5 replies
  • Subscribers 75 subscribers
  • Views 3948 views
  • Users 0 members are here
Browse Forums
Announcements
78
topics
166
replies
General Discussion
5k
topics
16k
replies
Installation and Upgrades
978
topics
2k
replies
Inventory, Projects, and Departments
339
topics
1k
replies
Payables and Receivables
1k
topics
4k
replies
Payroll
1k
topics
3k
replies
Reconciliation and Banking
318
topics
995
replies
Reporting and Analytics
207
topics
400
replies
Soutien Technique - Français
628
topics
1k
replies
Year End Activities
224
topics
596
replies
mmaxwell

Direct Deposit

Posted By

What version of Simply do I need to be able to do Direct Deposit payroll?

Thanks,

Parents Reply Children
  • 0 in reply to mmaxwell

    Below are the instructions from the Help File directly in Sage 50 2017. In short the answer is yes. Keep in mind you must have a Payroll Service Plan with Sage and also if you are uploading directly to your bank you need to have the EFT Direct Plan also. Only the EFT Direct will work in the manner you wish.

    Paying Employees with EFT Direct

    OpenBefore you can perform this task

    OpenTo upload a direct deposit file using Sage 50 EFT Direct:
    OpenFor payroll
      1. Open the Upload Direct Deposit File window.
    ClosedHow?
    1. In the Home window, click Employees & Payroll on the navigation pane.
    2. In the Related Tasks pane, click the Upload Direct Deposit icon.
    1. Select the paycheques you want to submit by entering the following information:
      1. In the Status box, choose one of the following:
        • All. Displays all cheques
        • Generated. Only those cheques that have been previously generated
        • Not Generated. Only those cheques that have never been generated.
      2. Enter a date range.
      3. Click Display.
    2. In the list, in the checkmark column, select the cheques to be included in the direct deposit upload file.
    3. Click Upload.
    4. Selecting a processing date in the EFT window to determine when the bank will deposit funds in the employees' accounts.
      1. Use Transaction Date: The bank will deposit the funds on the selected date.
      2. Use Funds Available Date: Use this option if your employees will be paid on a future date.
    5. Sage 50 Accounting increases the Creation No. each time you create a file. If you are recreating a previous file, enter the file's number.
    6. Sage 50 Accounting fills in the Creation Date automatically. If your bank requires a specific date, enter the date.
    7. Click Next.
    8. Save the file on your computer. Copy the location of your saved file by highlighting it and pressing CTRL+C.
    9. Follow your banking institution's instructions for uploading the file.

  • 0 in reply to The Software Coach
    Can you tell me what the costs are for those services. We currently have 52 people on payment, paid biweekly.

    Thanks again,
  • 0 in reply to mmaxwell
    Sage runs promotions on a regular basis, therefore you are best to call Sage at 1-888-261-9610 to find out the current price.

*Community Hub is the new name for Sage City