Differences

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--- humanresources:payrollprocessing:eftprocessing:createeftfile [2017/12/05 22:54] – emoreno
+++ humanresources:payrollprocessing:eftprocessing:createeftfile [2020/09/28 15:54] (current) – removed emoreno
@@ Line 1: / Line 1: @@
-======Create EFT File - HRS5100======
-<div #message></div>
-//**Human Resources > Payroll Processing > EFT Processing > Create EFT File**//
-<WRAP round intro>Electronic fund transfer (EFT) is a method for direct deposit of employee payroll
-checks to their financial institutions. The transfer is accomplished by creating
-an EFT file during a payroll run. The file is then given to the employer’s financial
-institution to be transmitted to an automated clearing house (ACH). The ACH is normally
-a centralized, federal reserve bank that transmits necessary data for direct depositing
-to the employee’s participating depository financial institution (DFI). The difference
-between EFT direct deposit and the normal direct depositing option is that EFT depositing
-requires the employer to deliver the file to the financial institution.
-**Note**:  All fields on the Bank Codes > [[humanresources:tables:bankcodes:eft|EFT]] tab must be populated. Otherwise, the create
-EFT file process cannot be performed.
-</WRAP>
-====Create a payrun EFT file or prenote EFT file:====
-====Other functions and features:====
-^{{:tsds:images:trash_delete.gif|}} | ++ Delete a row.|{{page>general:delete_a_row}}++|  /*Table row with text link*/
-{{indexmenu_n>5}}

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