The Finance Section, together with Computing, is ready to roll out electronic employee reimbursements. The transition from checks to ACH deposits will take place on Nov. 17, and electronic payments will begin with transactions entered by Accounting beginning on Nov. 19. This means that there may be a few checks cut for employee reimbursements that were in process before Nov. 19, but generally, employees will be reimbursed electronically after Nov. 19.
The ACH payments will be deposited automatically into your bank account. The account that will be used is the Balance Account (the “Balance of Net Pay” or “999 – Deposit Order Account”) in Employee Payroll Self-Service.
With each payment, the recipient will be sent an Oracle Alert email notification advising them of the transaction.