- IMPORTANT: NEW ACCOUNTS PAYABLE EFFICIENCY
The time has arrived and it’s finally here…The process everyone has been asking for!
Effective Wednesday, January 2, 2013, all employees who submit any type of request for personal reimbursements; for example, Travel Expense Report (TER) and/or Direct Payment Request (DPR) will be paid using direct deposit due to the implementation of Automated Clearing House (ACH) which is an electronic network for financial transactions in the United States.
Please review the following, important information:
- Your payment should be
deposited in your bank account within 15 business days or less after it
is received in Financial Services not when you submit it to your
department for approval. You will receive an email when your reimbursement has been processed, and your reimbursement should be deposited into your account 3-5 business days from when you received the email.
- The notification appearing on your banking statement might look like this; your banking institution is required to include the company name of UWOSH;
- “Electronic Deposit” or
- “Electronic Withdrawal” or
- "WEB Authorized Payment”
reimbursements will be directly deposited into your banking account, the one
that is used for your payroll check. If you have multiple accounts set-up
for payroll deposits, ACH will deposit your reimbursement into the “net pay”
account entered in the Human Resources System (HRS). If there is no “net
pay” account, your reimbursement will be deposited in the first account.
If you have questions about your deposit account and/or you need to make
changes to your deposit accounts, please contact Human Resources (424-1166) or
click here for the form. We regret that we cannot
make those changes for you.
Please refer to our Employee ACH Frequently Asked Questions on our Travel website. Please direct related questions to our general Financial Services email account at firstname.lastname@example.org or call 424-3990.