Once you have created payroll journal entries, you will need to send employees their net pay, either via printed paychecks or direct deposit.
To generate ACH files and paychecks:
- Go to Financials Main > Payroll > Payroll Runs
- Click the down arrow and Generate ACH/Paychecks
- Select the bank account whose asset value will be reduced to pay employees
- Either enter a starting check number or check “Manually Enter Check Numbers” to assign a specific check number to each employee
Upon generation, you will be directed to a page that displays all the paychecks for employees who don’t receive direct deposit. The resulting PDF can be printed on your check stock; use your browser’s print dialogue to select the appropriate settings.
After printing paychecks, click the Back button at the bottom of the page and then Download ACH Files. You can submit this text file to your bank so they can process direct deposits.