Expense Report Reimbursements/Payments FAQs
Why should I sign up for direct deposit of my expense reimbursements?
Direct deposit is a more secure method of payment. Direct deposit also allows for quicker access to your money.
How do I set up direct deposit for expense reimbursements?
You can set up direct deposit for expense reimbursements in Workday. Go to the, click the Benefits and Pay Hub worklet and select Payment Elections. You can designate your payroll bank account to also receive expense payments, or specify a different account. For step-by-step instructions, see the Payment Elections Quick Guide [pdf].
Why is direct deposit more secure?
Checks can get lost in the mail and they may not be able to tracked or traced. Direct deposit transactions have an electronic trail that can be traced by the sender's bank.
Why is direct deposit faster?
Funds are transfered directly from 麻豆村's bank account to the recipient's bank account. Funds are typically available upon deposit and deposits typically reach the recipient's bank within two to five buisness days after the payment is sent. The employee does not need to wait for the check to arrive in the mail or need to make a trip to the bank to deposit the check. Additionally, there is no time to wait for the check to clear.
Does my payroll direct deposit account automatically apply to expense reimbursements?
Not automatically. You'll need to manually select a bank account in Workday for expense reimbursement direct deposits. You can designate your existing payroll account or specify a different one. Instructions can be found in the Payment Elections Quick Guide [pdf].
If I sign up for direct deposit, how will I know when funds are received and what those funds are for?
As long as the Accounts Payable department has a current and valid email address on file, you will receive an email notification at the time payment is initiated, which includes the details of each transaction.