chg to direct deposit for payroll

[Sandy]

We are changing to direct deposit for our payroll for the daycare employees. Currently we do manual checks on a biweekly basis. When we go to direct deposit we will pay weekly. Our bank uses its own program to disperse the payments to the employees. (Not Vanco) I just need to know what changes to make in PC+. We are using the latest version 11.55 and our computer is Windows 8. Any help will be greatly appreciated!

[NeilZ]

We are changing to direct deposit for our payroll for the daycare employees. Currently we do manual checks on a biweekly basis. When we go to direct deposit we will pay weekly. Our bank uses its own program to disperse the payments to the employees. (Not Vanco) I just need to know what changes to make in PC+. We are using the latest version 11.55 and our computer is Windows 8. Any help will be greatly appreciated!

I am assuming that you're going to continue to use the Payroll Module in Powerchurch ??

Well, the only thing you need to do is when you get to the verify payroll screen, is set the Payment Method to Manual Check and enter EFT as the check number for the direct deposit, and give the bank the final check amount. Since you said you were issuing manual checks anyway, I suspect this is what you're doing now.

If you're going to be doing it differently, you need to explain exactly what the process will be.

[Sandy]

Yes I will continue to use payroll module in Power Church. I wasn't sure if I needed to set the payment to direct deposit, since that is an option. Also I read about the direct deposit option in the manual and while I don't need to use Power Church to set up the deposit to the bank, I didn't know if any thing else pertained to me. I will continue to set payment as manual check and use EFT and the check number.

Thanks so much.

[NeilZ]

Yes I will continue to use payroll module in Power Church. I wasn't sure if I needed to set the payment to direct deposit, since that is an option. Also I read about the direct deposit option in the manual and while I don't need to use Power Church to set up the deposit to the bank, I didn't know if any thing else pertained to me. I will continue to set payment as manual check and use EFT and the check number.

Thanks so much.

The direct deposit option is for when you have a payroll processor that will need a file. If the bank will issue check numbers that you will need to track as they will list them on your account statement, then you should use the method you're currently using. If the bank is not doing so, then you could select the 'direct deposit' setting, the transaction will show as 'direct deposit' in Posted Transactions and Reconciliation in Funds Accounting. You can then check for a similar type of entry in your account statement from the bank when you're reconciling the account.