Direct Deposit Options for Sage 50 Payroll

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Setup Sage 50 Direct Deposit Payroll
2

• Sage 50 direct deposit Payroll is a feature that
  enables employers to directly deposit the
  paycheck into a worker's bank account. The
  feature depends on Automated Clearing House
  framework in the United States and the Electronic
  Funds Transfer in Canada. A similar feature can
  likewise be utilized to pay and get cash from
  sellers and customers respectively. Nonetheless,
  users should initially set up their bank accounts
  and the accounting software to empower Direct
  Deposit.

3
Set Up Direct Deposit in Sage 50

• Before utilizing this feature, you need to set up
  both a bank account and direct deposit in Sage
  50. To start with, you need to set up the bank
  account for the company and worker, after which
  you confirm the approval for sync.
• Note You need to pursue Direct Deposit
  independently. For doing as such, you can either
  buy an authorization code on the web or contact
  Sage for the equivalent. Without a substantial
  authorization code, the feature won't be
  activated in your accounting software.

4
To set up direct deposit in Sage 50, follow the
steps provided below

• From the system navigation area, select Edit
  Company information Now.
• Click on the arrow for Direct Deposit.
• Enter Authorization Code which you received after
  purchasing the direct deposit feature from Sage.
• Click on Ok.
• You can find the authorization code in your
  registered email account, or you can call Sage
  for the same.

5
Enter Banking Information

• Setting up your bank account in Sage 50
  appropriately is vital to setting up direct
  deposit. Additionally, this will help you in
  accommodating bank explanations without any
  problem. Since you'll pay the employees directly
  through the company bank account, all that
  information will be synced with Sage 50.

6
To Enter your Banking information in Sage 50,
follow the steps provided below

• Go to the Edit Company Information Now
• Click on the arrow for Direct Deposit.
• Enter the banking information of your company
• Enter the Routing/Transit Number.
• Enter the Bank Account Number.
• Select the Type of Account. You can choose
  between Checking and Savings.
• Click on Reset Account.
• Call the provided number to activate the bank
  account in Sage 50.
• Whenever you've set up the company bank account,
  you need to do likewise for the worker bank
  account. For every representative, you need to
  enter the legitimate banking information, and
  then get the connection approved to set up sync.

7
To store employee information for payment, follow
the steps provided below

• From the Employees Payroll menu, select
  Employees.
• Click on View and Edit Employees.
• Select the Employees Name.
• Enter relevant banking information for the
  employee.
• Enter the Account, Branch, and Institution
  numbers.
• Enter Percentage of amount which will be directly
  deposited into the employees bank account.
• Click on Save and Close.
• Repeat the steps for the rest of the employees.
• You need to manually enter the bank information
  for every single representative. Without doing as
  such, you will not have the option to directly
  deposit the paycheck in their account.

8
Check Approval for Bank Accounts

• A zero dollar test can be utilized for
  confirmation of the worker's bank account. The
  equivalent can be done to confirm the approval of
  the company's bank account. These zero dollar
  tests are known as prenotes, which are
  prevalently used to confirm the approval of bank
  accounts before sending payroll through direct
  deposit.
• To get approval for the company and worker bank
  accounts, you need to sync the pre-notes. To do
  as such, follow the steps gave underneath
• Go to Services.
• Select WebSync Wizard.
• Enter valid credentials to log into Sage 50
  Direct Deposit.
• Follow on-screen instructions. We recommend that
  you leave the settings as is.
• Click on Finish.

9
Deposit Paycheck Directly into Bank Account of
Employee

• When the bank accounts are approved, you're
  prepared to deposit paychecks directly into your
  worker's bank account. It is fundamental that you
  present the paycheck by 3.00 pm ET. Inability to
  do as such will create setback for the deposit of
  the paycheck. Likewise, it's suggested that you
  present the paychecks 3 working days before the
  date of installment.

10
To pay your employees with Direct Deposit, you
can follow the steps provided below

• To pay
• Single Employee From Tasks, select Payroll
  Entry.
• Multiple Employees From Tasks, select Payroll
  Entry
• Save and Post the Checks.
• Launch the Websync Wizard from the services menu.
• Enter valid credentials to log into direct
  deposit.
• Enter the PIN.
• Hit Finish.

11
Setting up Direct Deposit for Payroll - Sage 50

• You've successfully submitted the paychecks.
  These paychecks will be cleared by the bank in
  like manner. It is energetically prescribed that
  you adhere to our suggestions for depositing
  paychecks to keep away from any postponement. You
  can acquire understanding into direct deposit
  through the assistance menu in Sage 50. Call Now
  1-800-941-1342 to get help for SAGE 50 Direct
  Deposit related issues and problem fixing .
  Below are common issues and problems