Understanding Automatic Deposit Information

Employees use the Auto Deposit Instructions program (P055011) to enter automatic deposit information when they want all or part of their payment each pay period to be deposited directly into their bank account. Employees can choose to receive part of their payment in check form and the rest in automatic deposit form. They also can divide their payment among multiple accounts. Typically, the automatic deposit information that employees enter is reviewed and approved by a payroll representative before the information takes effect. An employee receives a message from the payroll representative that indicates whether the information that he or she entered has been approved.

Employees can also revise any existing automatic deposit information that they or a payroll representative entered previously.

When employees use self service to enter or update automatic deposit information, the new deposit information is processed in the next payroll cycle, and the prenote test is eliminated.