Set Up Your Sage 50 Accounting Program for Payment Processing

To set up your Sage 50 Accounting program for payment processing for vendors and employees:

1. Register with a Sage 50 Accounting approved payment processing service. For more information about the payment processing services , in the Home window on the Services menu, select Employee Direct Deposit for payroll direct deposits or Vendor Direct Deposit for electronic payments to vendors.
2. Enter the bank information in your vendor records. If you have employees, enter the bank information in your employee records. In the Vendors Records window, on the Direct Deposit tab for each vendor, enter their bank account information. In each employee record, enter their bank account information on the Direct Deposit tab.
3. (Optional) You might want to create a separate account to track the payment amounts that you uploaded to your payment processing service. It makes it easier to reconcile these payments later. Create an account.
4. (Optional) Enter the email address in your employee or vendor record for sending direct deposit and payment stubs via email. In the employee record, enter the email address on the Personal tab. In each vendor record, enter their email address on the Address tab.
5. (Optional) Select the type of form and printer settings for printing the direct deposit and payment stubs. In the Home window on the Setup menu, choose Reports and Forms. On the left side of the window click Direct Deposit Payment Stubsfor vendors or Direct Deposit Payroll Stubs for employees.