Does the bank require “prenotes” (Pre-Notification)?
COMMENTS: Essentially, a prenote is a “one-time test run” whereby the bank verifies that ACH file information submitted to them for a given employee is in the correct ACH file format and that names, account and routing numbers, and so on, are all correct. If desired, once an employee is set up for Direct Deposit, Gemini can generate an “out-of-cycle” prenote ACH file. This means that a Prenote ACH file may be generated and, depending on the bank’s approval time, approved before the next payroll period, i.e., during the time between pay periods. Step 2 – Set Up Gemini (General Ledger and Payroll Employee Data Files): After initial arrangements have been made with the bank, you will need to set up the direct deposit checking account in the General Ledger and update the employee data files in Payroll. 1. General Ledger Module: Set up the bank checking account from which ACH payments will be made. Select GL | Chart of Accounts Maintenance to display the Chart of Accounts browser window. a.
