Add or Modify a Vendor's Direct Deposit Bank Account Information

To add or modify a vendor's bank account information:

1. Open the vendor's record. How?
   1. In the Home window, click Vendors & Purchases on the navigation pane.
   2. In the Tasks pane, right-click the Vendors icon and select Modify Vendor from the menu.
   3. Select a vendor from the list and click OK.
   4. Click the Direct Deposit tab.
2. Select Allow Direct Deposits For This Vendor.
3. In the Currency and Location box, select your vendor's bank account currency and country. Direct deposits uploaded to the Sage 50 Accounting payment service provider utilizes this selected currency regardless of the currency used to record the purchases. Currently, Sage 50 Accounting supports Canadian and US currencies, and bank accounts located in Canada and the US.

   If you are planning to upload direct deposit transactions to the Sage 50 Accounting payment service provider, the currency selected in the Currency and Location box must match the currency used to record the direct deposit transactions. This ensures both the recorded transactions and uploaded direct deposit payments will be made in the same currency.

4. Add or modify the bank account information.
5. Click Save and Close.

What do you want to do?

Submit a direct deposit file