Step 3. Set Up Direct Deposit Information (Optional) |
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What is a Direct Deposit? |
| A direct deposit arrangement allows you to deposit your employees' payments directly into their bank accounts instead of distributing cheques to them. |
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Why do I have to do this? |
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If you have been approved for direct deposits, you may enter your employees' banking data and payment instructions into Powerpay in order for them to be paid by direct deposit. Without banking information entered, your employee will be paid with a paper cheque. |
| Task 1 | Task 2 | Task 3 | Task 4 | Extras |