Hello, I work for a company that uses Sage 50 for accounting and payroll. I'm researching moving us from paper checks to direct deposit, but have a few questions.
I contacted Sage support, and they said we'd need to get a module (Sage 50 Direct Payments), which costs a one-time setup fee, plus a ~$1.10 per-transaction fee. We currently use a PNC checking account for the business, and a support rep in their Treasury Management dept. said that in order to do ACH origination, we'd also need to add Pinacle Express for $35/month and another ~$0.35 per-transaction fee.
- Is the the Direct Payments module really the only thing we'd need to add to Sage in order to handle direct deposits to employees accounts?
- Will this module directly initiate the ACH transaction, or does it just generate an ACH file that we'll then need to send to PNC for processing? If the latter, why is there a per-transaction fee?
- Can the Direct Payments module work with a regular old checking account, or would we really need to upgrade to add "ACH origination?"
- Assuming we get direct deposit payroll working, could we batch email our employees their paystubs via the module, or would we have to generate and/or email them individually?
I'll try to answer any requests for additional info that I can. I'm new to the site, and new to Sage, so bear with me. Thanks!
