Course Level: Basic
Prerequisite: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
Exercise more control over payroll disbursements while giving your employees the convenience of electronically depositing their pay with Direct Deposit. In this course you will learn the steps necessary for creating direct deposit files to transmit to your financial institution. The course will also cover required organization and employee information. You will also learn how to run a Direct Deposit File Register report.
By the end of the session, you will be able to:
- Enter organization bank routing information.
- Create email voucher templates.
- Set up employee records for direct deposit.
- Create a direct deposit ACH file.
- Run direct deposit reports.
For additional training, and to learn more about setting up payroll and processing payrolls, attend the “MIPC245 – MIP Cloud Payroll Setup” and “MIPC246 – MIP Cloud Payroll Processing” courses.