Direct Deposit DESCRIPTION: Steps to support the process to add, edit, and delete your direct deposit information PREREQUISITE: Introduction to MIO, Navigating in MIO AUDIENCE: Associate ADD DIRECT DEPOSIT You may enter an unlimited number of direct deposit accounts into multiple financial institutions. If direct deposit is not elected, you will continue to be issued a printed and negotiable paycheck. Depending on the timing, it may take up to two weeks for the direct deposit to take effect: 3. Click next to Account Type and select a value (Checking or Savings) 4. Enter Routing Number of designated bank. The Routing Number can be identified on an actual check refer to the sample check image displayed on the direct deposit screen. Routing numbers must be 9 digits in length. MIO_Direct Deposit.doc 1 of 5
5. Enter Account Number The Account Number can be identified on an actual check refer to the sample check image displayed on the direct deposit screen. 6. Click next to Deposit Type and select a value. Select Amount if you want to designate a fixed dollar amount to be deposited to this account each pay period. Select Balance if you want the entire or remaining balance to be deposited to this account each pay period. Select Percent if you want a certain percentage to be deposited to this account each pay period. If you want a flat amount or percent to go to one account and the balance into another, setup two accounts. Select Amount or Percent for the first and Balance for the second (optional). 7. Enter Amount/Percent. Enter only numbers (including the decimal point). Do not use % or $ symbols. 8. Enter Deposit Order (optional) The first direct deposit entry is automatically assigned as 1. Deposit Order determines the priority order in which the account s funds will be deposited. If you select Balance as the Deposit Type the deposit order defaults to 999. MIO_Direct Deposit.doc 2 of 5
9. Confirm that all values are completed and accurate (see sample direct deposit entry below): 10. Click 11. Click - The save was successful displays 12. Click if you wish add another direct deposit account and repeat Steps 3 through 11. Otherwise, close out of MIO. MIO_Direct Deposit.doc 3 of 5
EDIT DIRECT DEPOSIT Some edits will take effect immediately but depending on the timing, the information may not be reflected in your next pay. Also, if a edit is made to the routing or accont number, depending on the timing, it may take up to two weeks for the direct deposit to take effect.edits take effect immediately, but depending on the timing, the information may not be reflected in your next pay: 3. You may edit the following fields to any of your direct deposit accounts (see sample direct deposit entry below): Account Type Routing Number Account Number (you must complete the Re-enter field when changing the Account Number) Deposit Type Amount/Percent Deposit Order 4. Click 5. Click - The save was successful displays 6. Click the appropriate link at the bottom of the page for your next transaction. MIO_Direct Deposit.doc 4 of 5
DELETE DIRECT DEPOSIT Deletes take effect immediately, but depending on the timing, the information may not be reflected in your next pay. If all direct deposits are deleted, you will not be able to enter direct deposit entries until the next day. The message is: You are not allowed to add any direct deposit entries today. It is best to add a new direct deposit and then delete the old if you want to complete your transactions on the same day. 3. Click next to the account to be deleted 4. Click 5. Click 6. Click - The save was successful displays 7. Click the appropriate link at the bottom of the page for your next transaction. REFERENCE Employee Home MIO_Direct Deposit.doc 5 of 5