Setting up a Allocating
Direct Deposit
TimeAccount
Worked
Exempt Employee Job Aid
Understanding Direct Deposit
When being paid through the ExponentHR system, you have the
option to receive your wages via paper check (to be manually
deposited into a bank account or cashed) and/or by having wages
automatically deposited into one or more of your bank accounts.
You can set up or change your direct deposit settings at any time
through a Direct Deposit eAction Notice (EAN). Through the EAN,
you can choose to have all, or just a portion, of your funds directed to
a bank account (with any remaining amount not deposited being paid
via a paper check).
Additionally, if you choose to optionally use an alternate direct
deposit method in the event that you are paid supplemental wages
(such as a bonus). These wages can be set up to automatically be
paid to a different bank account(s) or set to always be paid via a
paper check
How do I Access my Direct Deposit EAN?
HR Administration > Personal Record > eAction Notice
1. Using the top navigation bar on the ExponentHR website, select HR
Administration, then Personal Record, then eAction Notice.
2. Click the Edit Direct Deposit Info button.
Result: The Direct Deposit EAN page appears and displays your
current direct deposit settings.
How do I Direct Funds to a Bank Account for Deposit?
HR Administration > Personal Record > eAction Notice
1. In the Distribution Method drop-down box, select Direct Deposit.
2. Click the Add Account button.
The Add Direct Deposit Account Information page displays.
3. Type in your existing bank account information into the respective field
of the Add Direct Deposit Account Information page.
4. In the Allocation Method field, choose how much should be deposited
into this account:
- Percent: choose to have a set percent of your paycheck go
towards this account (ex 50%).
- Fixed Amount: choose to have a set flat dollar amount go to this
account each pay date (ex. $500).
- Remaining Balance: choose to have all funds (that are not being
sent to another account) be sent to this account.
Note: To have all funds sent to just one account, select the Remaining
Balance option.
5. Click the Save button.
6. Repeat steps 2 through 5 if sending funds to additional accounts
7. In the Supplemental Checks section, choose if you want to have any
supplemental wages (i.e. bonus) use the same direct deposit method
or use an alternate payment option.
8. Click the Submit button to send the direct deposit request for HR
review and approval.
Result: After the bank has confirmed the direct deposit account
information entered (typically 5 business days after HR approval), all
future pay dates will reflect the entered direct deposit settings.
If you need further assistance with any part of ExponentHR, contact the ExponentHR
Customer Support at (866) 612-3200 or [email protected].