How do I change Round Net Pays for my Organisation?

Change Round Net Pays as required,

• No Rounding: 

  • EFT: NO rounding occurs.

  • FAST-Bank: NO rounding occurs.

  • Cash: Round to the nearest lower 5 cents (e.g., if 36 cents, round to 35 cents OR if 32 cents, round to 30 cents).

• Round to the nearest lower whole dollar: 

  • Regardless of the Payee's Payment Method, All cents are reported in PAYGW. 

    • Example - If the Net Pay amount is $434.86, 86 cents will be added to PAYGW. Net will be reduced to $434.00.

• Round to the nearest lower whole dollar (if PAYGW applicable): 

  • Regardless of the Payee's Payment Method, if PAYGW is applicable, all cents are reported in PAYGW;

    • Example - If the Net Pay amount is $434.86, 86 cents will be added to PAYGW. Net will be reduced to $434.00.

    • Example - If PAYGW = $0.00, then NO rounding occurs.