Century 21 - 1788 Message

[progoldi2]

Denver Real Estate

Could Gary or Paul call me regarding Direct Deposit? I was in the process of changing banks and needed the new accounts to be set up first before going forward with the direct deposit. When I had talked with Gary, he had wanted me to get an ACH interface format from my bank. However, neither Citizens (prior bank accts) nor 1st State Bank (new accts) have this for me. I sent 1st State the file export format that I was sent from Taro and they said they wouldn't have any problem with importing that format. They did say that all of those fields aren't necessary. In addition, they gave me a name of their office people that works with direct deposit, Please advise as soon as possible.

[admin]

Natick Real Estate

The spreadsheet that is generated is a universal direct deposit format. It provides all the Pro Gold i2 information possible for the deposit transaction. It appears the bank has indicated the format is acceptable.

Most banking institutions have a process where the client (You) can map the data fields that you want them to use from the spreadsheet via a template screen. This allows the bank to ignore the data fields they don't need. Once mapped, you generate the spreadsheet periodically and then submit the file to the bank for them to process.

We don't do any mapping. We provide the file output for the bank to process.

If any special data fileds requirements or additional formatting is required, it would have to be handled on a custom fee basis.

[progoldi2]

Watertown Real Estate

So what else do I need to do on my end with regards to setting up for the export and making this all go live?

[admin]

Wellesley Real Estate


We have a trigger that we set in your database that allows you to use the process. This trigger has been set for you.

Please use the link provided in this e-mail to access (Knowledge Base Article (KBA):

Article ID: 4302
Subject: Direct Deposit Functionality in Pro Gold i2

The article contains the instructions for initiating the direct deposit functionality and how to generate a spreadsheet to submit to your banking institution.

Essentially, you begin by setting up individual records (Agents, Payroll, Accounts Payable) for direct deposit capability. Once a record has beeen setup for direct deposit, their transactions will be processed as a direct deposit transaction (i.e., bank adjustment) as opposed to generating a check. As you create individual transactions, you can use the File Export process to generate an output file with the direct deposit transactions in it that you can send/upload to your banking institution.