Overview of direct deposit in CBS You can choose to enable the direct deposit feature for your CBS clients
through InterceptEFT. When using these features, a client can generate
electronic payment system (EPS) records to transmit to InterceptEFT.
InterceptEFT will then create Automated Clearing House (ACH) files
and submit them to the appropriate financial institutions.
Disclaimer: InterceptEFT is an unaffiliated third party that some of
our customers have engaged to provide direct deposit, tax payments,
ACH processing, or credit card merchant services.
Important! Before any of your CBS clients can transmit direct deposit
transactions to InterceptEFT, they must first fill out and submit the
appropriate forms to establish an account with InterceptEFT.
You may want to refer your client to the “Client Bookkeeping Solution
Guide to Direct Deposit” for detailed information on using the direct
deposit features. This PDF is available from the Client Bookkeeping
Solution Help Topics dialog.
Note: To give your client access to the direct deposit features in CBS,
simply mark the Enable InterceptEFT Direct Deposit checkbox on the
CheckWriter or PayCheck tabs of the Setup / Miscellaneous Information
dialog in Accountant’s Assistant and generate a disk that includes
CheckWriter miscellaneous information or PayCheck miscellaneous
information.
