The employee Direct Deposit section allows you to define the bank account(s) to which an employee's paycheck is wired each pay period. Direct deposits can be a flat amount, a percentage of the net pay, or the net pay minus a flat amount.

What is flat amount on Direct Deposit?

o Flat- (Net pay minus flat amount): Directs the system to put everything but the amount you enter into this account. For instance, if an employee would like to have all but $100 direct deposited into an account, you could set up an account with an Amount Code of "Flat-" and enter an amount of 100.

What does amount type flat mean?

Amount Type – Used to indicate whether the deposit is a flat dollar amount, a percentage of your net pay, or a remainder of net pay after a set live check amount. Use Flat to indicate that the entered amount is a flat deposit amount. Use Percent to indicate that the entered amount is a percentage of your net pay.