Using Sage 100 2015 PU4 and legacy P/R module.
I want to send funds to my employees using online EFT. With only 7 employees, traditional Payroll Direct Deposit service fees (Sage PR Service) and my bank's traditional Direct Deposit service charges) are not justified. My bank says because of the small volume of employees and associated transactions I can save money by just making simple ACH/EFT fund transfers to their accounts. I use the legacy P/R module to track deductions and tax liability, quarterly reporting, etc. and would like to transmit the NET Check Amounts from these reports to each person. However, some employees will still require paper checks for a while, while others are ready to go with authorization forms already turned in. Considering I do not want to waste money printing paper checks for the DD/EFT employees, and unsure of potential Bank Reconciliation hassles, I'm asking for any advice or suggestions on how to achieve my goal? Do I need to setup some new 'Clearing' accounts in G/L? Print my checks on blank paper? I realize this may involve several 'manual' steps, but for so few employees, I'm willing to add some administrative hassle in exchange for the convenience to my employees.
Suggestions?
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