Adding, Updating, and Splitting Employee Bank Accounts for Direct Deposit
About Direct Deposit
With Beyond, employee pay can be deposited directly into their bank accounts on payday. This makes payroll easier and more convenient for both you and your team.
If you haven’t been approved for direct deposit yet, you can apply now. Once approved, you’ll need to add each employee’s bank account details.
Note: Employees can also update their own banking information in Beyond if you’d like them to handle it directly.
Adding Employee Account Information
- From your dashboard, select an employee to open their profile.
- You can also go to the Employees list under the Workers menu and click on the employee’s name.
- In their profile, click Bank Accounts.
- Under Enable Direct Deposit?, select Enabled.
- If you don’t see this option, it may mean direct deposit hasn’t been set up for your company yet. Apply for direct deposit to enable it. (Approval requires a risk assessment of your business and the primary signer on file.)
- Enter the employee’s Routing Number and Account Number.
- If it’s a savings account, be sure to indicate that.
- You can also invite employees to enter their own information.
- Click Add Account to save.
Updating Employee Account Information
- Open the employee’s profile and click Edit Accounts.
- Enter your Beyond password to confirm the changes.
- This security step ensures that only you or the employee can update their bank account details.
Splitting Direct Deposit Between Multiple Accounts
Beyond also lets employees split their pay into multiple bank accounts. You can add as many accounts as needed and decide how the money should be divided.
- From the employee’s bank account section, click Split Check.
- Enter the additional Routing Number and Account Number.
- Scroll down to choose how to split the deposit:
- By Percentage – e.g., 60% to checking, 40% to savings.
- By Dollar Amount – e.g., $500 to one account, the rest to another.
- Enter the percentage or dollar amount for that account.
- Click Save and then Add Account when finished.
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Reminder: Direct deposit requires your company and the primary signer to go through a risk assessment before it can be enabled in Beyond.
Need Help?
If you still have any questions, please don’t hesitate to reach out. Our team will be happy to provide answers and assist you in any way we can.