The Rate Types in the Direct Deposit Information group box, on the Compensation tab of the 5-2-1 Employees screen, determine the way your paycheck is deposited into specific accounts.

• 0-None: There is no rate type.
  • Select this only if you do not use direct deposit.

  
  

  
  

  
  

• 1-Dollar Amount: The amount is in dollars.
  • This cannot be the only Rate Type indicated. If you choose this option, use a second row to indicate 3-Remainder of Check.

  
  

  
  

  
  

• 2-Percent of Net: The amount is a percentage of the total.
  • If this is the only Rate Type entered, then the rate must equal 100.

  
  

  
  

  
  

• 3-Remainder of Check: The amount is determined by the amount of earnings remaining for this pay period after the other designated deposits.
  • Use this as the first and only row selection if you want the entire check deposited.

  
  

  
  

Notes:

• The four lines of Direct Deposit Information are processed by Sage 100 Contractor according to the Rate Type first. Sage 100 Contractor begins with the 1-Dollar Amount, then 2-Percent of Net, and last, 3-Remainder of Check. If all lines are set to 1-Dollar Amount, then Sage 100 Contractor processes the lines in order from top to bottom.
• If you want to split the check among accounts, then the total must be 100. Select 3-Remainder of Check for the last row to ensure that all earnings are deposited.