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Enter a priority number for this distribution. During direct deposit processing, distributions are made to accounts in order of their priority number the lower the priority number, the higher the priority.
If you choose to offer Direct Deposit to your employees, they can designate a flat-dollar amount, a percentage, or the remainder of their money to be deposited into an unlimited number of bank accounts. For a full definition, see Direct Deposit in our Payroll Glossary.
If you choose to offer Direct Deposit to your employees, they can designate a flat-dollar amount, a percentage, or the remainder of their money to be deposited into an unlimited number of bank accounts. For a full definition, see Direct Deposit in our Payroll Glossary.
using the Balance Deposit Type, the system will automatically assign priority. 999 to ensure it is the last deposit processed. For Percent and Amount Deposit Types, the lowest deposit order will be the. One that is deposited first and so on in the order of priority with any remaining going into the Balance account.
- The Deposit Type = Amount or Percent and the Deposit Order = 1. — The Deposit Type = Balance and the Deposit Order = 999. If you have 3 accounts: — The Deposit Type = Amount or Percent and the Deposit Order = 1. — The Deposit Type = Amount or Percent and the Deposit Order = 2.
Order of deposit is meant for those with multiple deposit accounts and is the order in which you want your pay deposited into your accounts. For example, say you want 10% of your pay deposited into your savings account and the balance / remainder of your pay deposited into your checking account.
If you choose to offer Direct Deposit to your employees, they can designate a flat-dollar amount, a percentage, or the remainder of their money to be deposited into an unlimited number of bank accounts. For a full definition, see Direct Deposit in our Payroll Glossary.
Account Number: Your Checking or Savings Account Number. Deposit Order: 1 (Please note: This will automatically convert to 999 when you save to allow for future accounts to be added.) Example 2: I want 10% of my paycheck deposited into my savings account and the rest of it deposited into my checking account.
A percentage of the total pay that should be deposited. If all pay is intended for this bank, then enter 100%. Sequence: Enter a value to indicate the order in which funds should be distributed among the employee's banks.
Log into your PeopleS oft account via PCM.DC.gov while at a DIPS location. Select Self Service, then Payroll and Compensation. Within this section, you will see a tab titled Direct Deposit, which you will select to edit or add direct deposit information.
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