Paycheck Options

Payroll & Taxes

Direct Deposit

Sign Up for Direct Deposit with Our Help

More and more employees are choosing to have their pay deposited into one or more of their bank accounts, ensuring that the money is safe and quickly available without fear of lost or stolen checks…or a missed payday due to illness, bad weather or vacation.

Advantage handles direct deposits with the same high level of accuracy, timeliness and confidentiality we bring to all of our payroll processing and other value-added services. Regardless of the check option you choose (Advantage or client owned), your employees will enjoy the benefits of direct deposit. You can also enjoy the benefits of knowing that each employee’s pay is confidential with direct deposit.

The Advantage system also features:

  • Up to 8 direct deposits (into different financial institutions) can be made per employee and the first three are free!
  • Employees can split their earnings, with a portion directly deposited and the remainder paid by paper check.
  • Sealed employee payroll statements detailing all earnings, deductions, deposits and other pertinent information.

Our experienced and well-established relationship with the Automated Clearing House (ACH) system (utilized by over 99% of all U.S. financial institutions) saves you considerable time and expense, as opposed to when you sign up for a direct deposit program yourself. You’ll also realize significant productivity gains, saving time not only in the delivery of checks, but alleviating the need for your employees to stand in line at the bank! When your employees choose direct deposit, everyone benefits.

State-of-the-Art Payroll Instruments to Meet Any Need

Simplify Payroll: Sign Up for Direct Deposit with The Advantage Account

With our central option, payday becomes as simple as a single debit. The Advantage Account gives you payroll confidentiality, and freedom from check reconciliation and other administrative headaches.

The Advantage Account covers it all, with net pay, withholdings, deductions and payroll taxes all calculated and accounted for. Your employees receive signed and sealed checks (printed with an authorized Advantage signature), while your business benefits with minimized bookkeeping chores and costly banking fees.

  • Advantage is responsible for check reconciliation
  • No need for separate payroll account for your business
  • No bank charges for check clearing
  • One debit per payroll covers all payroll costs

Because your payroll is drawn from our central account in a well-established banking institution, there’s less chance for check fraud. Naturally, Advantage handles all payment inquires.

Employees can still opt for direct deposit of their earnings if they choose. Both direct deposit and regular payroll employees will receive a detailed Advantage Payroll Check and Earnings Statement including:

  • Breakdown of earnings and deductions, current and YTD
  • Withholdings and other fax information
  • Direct Deposit information (if applicable)
  • Vacation/Sick accrual balances (optional)
  • Custom company message printed on checks (optional)

Employer-Owned Accounts

If you choose to forego the benefits of our central Advantage payroll checking account, Advantage can still process your payroll and print checks drawn on your own account. Advantage can also process vendor checks through client-owned accounts if required. This can be done through either type of account, Advantage or client owned. The employer may sign the checks or let the system laser sign them.

The employee will receive a detailed check stub, which includes employer’s phone number (to comply with NYS law), all pertinent employee information, a breakdown of current and YTD wages and deductions, withholding tax, pay period beginning, ending and pay dates.


Why Use Paycards As Your Form of Payment?

With paycards, cardholders can skip trips to the bank, check cashing stores and quit waiting for the mail. Funds are automatically deposited like clockwork and are always available the second they hit the card.  A paycard can dramatically increase your direct deposit service participation while reducing your payroll costs.  Our paycard program automates and streamlines account transactions, reconciliations and reporting to such a degree that you save time, energy and money at every turn. Paycard is a direct deposit service that is fast, easy, and convenient.


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