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Direct Payroll Deposit
Direct Payroll Deposit enables your GMS payroll software to prepare data for your bank to automatically deposit net pay and other payroll withholdings
directly to employee checking or savings accounts. The data is prepared in accordance with National Automated Clearing House (NACH) procedures. These procedures permit your bank to deposit funds into employee bank accounts even if they bank with several
institutions. The software allows you to give employees the option for direct deposit or to receive a paycheck. Those opting for direct deposit may receive a paycheck stub. There are many other additional supplements to the GMS system,including Accounts Payable
Direct Deposit and many more.
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