Direct Deposit is a convenient method of paying employees by depositing their paychecks directly into their banks accounts. Using direct deposit reduces the time and money spent printing paper checks. Sage 50—U.S. Edition works with BenefitMall to process all your direct deposit requests.

To sign up for direct deposit, call Sage 50 Direct Deposit at 877-231-3761. Once you are signed up, you will then activate service by going to Maintain > Company Information, then click triangle next to Direct Deposit. You will enter Activation code provided during registration and click OK.

Paychecks must be synced by 1:00 PM EST three (3) Business banking days before your company’s payday. If a bank holiday falls within the three days you have allowed, leaving you only two days before payday, your direct deposit payroll will be processed but may incur late fees. Allow extra day to make sure payroll deposit is done on time. No deposits are made on Saturdays, Sundays, or Federal Reserve Bank holidays.

Federal Reserve Bank & Operations Center Holidays:

Enter employees bank routing and account number under Maintain > Employees, select Direct Deposit tab. Once bank information is entered, make sure to run WebSync, allow five (5) banking days for approval. Before you submit (sync) your paychecks for direct deposit, you should print the Direct Deposit Pre-Sync Report and advised forms to verify the paycheck amounts are correct. This report can be accessed through Employees & Payroll tab > Reports.

I you need to change your company bank account information, you must first call BenefitMall 877-702-4595.

Thanks.