GMS Payroll Direct Deposit

#306 Payroll Direct Deposit

Direct Payroll Deposit enables your GMS payroll software to prepare data for your bank to automatically deposit net pay and unlimited 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 other institutions. The software allows you to give employees the option for direct deposit or to receive a paycheck. Those opting for direct de-posit may receive a paycheck stub. A data file is formed for a transmittal to the bank.

Costs

# Licensed Users

1 - 2 Users

3 - 4 Users

5+ Users

Purchase Price

$0.00

Annual License/Maintenance

$120.00

$165.00

$180.00

Since 1980, GMS (Grants Management Systems) has designed specialized software with a demonstrated record of success for hundreds of nonprofit and public organizations. For over 30 years GMS has successfully implemented accounting and revolving loan systems for grant and contract recipients.