Page 1 of 1

Direct Deposit - split funds between accounts?

Posted: Thu Jan 28, 2010 1:54 pm
by lfpfinance
Spending some time working with direct deposit setup this morning. Wondering if it is possible to have payroll split between multiple accounts. Only one set of routing/account numbers is provided in the payroll setup forms. Any work-arounds?

Tom

Re: Direct Deposit - split funds between accounts?

Posted: Sat Jan 30, 2010 12:02 pm
by wms7328
What company are you using for payroll direct deposit? Using VANCO you can specify more than one account to deposit payroll into on the VANCO system. You would probably have to use web entry in VANCO to manually enter the amounts for each different account for each employee. You can also transmit the payroll to VANCO using a file that Power Church prepares. I don't think that allows for multiple accounts for employees.

Not sure about other vendors that might be available for direct payroll deposit.

Re: Direct Deposit - split funds between accounts?

Posted: Mon Feb 01, 2010 1:07 pm
by lfpfinance
VANCO is not the problem here. I do the manual entry on multiple accounts regularly. I was hoping to have a way to have PC+ create a file that will do the same thing or find another work around. Apparently PC+ does not provide an alternative workaround at this time.

Thanks.