What are the key benefits of MYOB Direct Deposit?
• Fully Integrated with your MYOB Software – All direct deposit transactions are processed through your software and automatically tracked and allocated. • Saves Time and Money – Print direct deposit check stubs on plain paper. • Reduces Hassle – Eliminates lost and stolen checks and stop payments. • Saves Postage – You won’t need mail and/or courier service for delivery of checks. • Simplifies Tasks – Much simpler bank account reconciliation. • Offers Direct Cost Savings – Our service is competitively priced. • Gives you control – Funds are debited from the company account on a specific, predictable date. • Offers Convenience – Employees do not need to get tied up in bank lines waiting to deposit their checks on their lunch break, or leave early to stop by the bank to deposit their checks. • Provides Immediate Funds – Funds are immediately available to employees on due date. IMPORTANT NOTE: Due to risk factors associated with providing Direct Deposit, a 1-day hold is put on your trans
