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4.3 Direct Deposit and Payment Elections

4.3 Direct Deposit and Payment Elections

Audience: Employee

Add a Direct Deposit Account

To add a direct deposit account:

  1. From the Pay application, select Payment Elections.

  2. Under Accounts, select Add.

  1. Select the account country and select OK to continue.

  2. Select the account type.

  3. Enter the routing transit number, account number, and bank name.

  4. Additionally, you can enter a bank identification code and an account nickname.

  5. Select OK to save. Once you have added the account, you can use it to make payment elections.

Manage Your Payment Elections

To manage your payment elections:

  1. From the Pay application or the Expenses Hub, select Payment Elections.

  2. Use the Edit, Remove, or View buttons to edit, remove, or view bank accounts, as shown in the image below. You can only remove an account if you no longer use it as a payment election.

In the Payment Elections section, select Edit to modify a payment election.

 

  1. Change the amount or percent to deposit into the account. You can also change the account that receives the balance of payments for the pay type. Your organization’s payment elections policy determines the allowed changes.

  2. Select OK to save.

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