A single-entry solution — because your time is valuable

With EZ-Direct Deposit™ for EPN STP 820, using the ACH CTX format, generating and transferring Vendor Bills (bill payment), from timberline^® and timberline^® Online through your Bank or Credit Union is a snap.

EPN STP 820 was developed by EPN, the ACH payments business of The Clearing House Payments Company L.L.C., working with industry groups, software providers, banks and businesses to facilitate straight-through-processing for B-to-B electronic payments. The standard enables corporate trading partners to transmit detailed remittance information within their electronic ACH payments and allows recipients to automatically post the transactions to their accounts receivables applications. The EPN STP 820 standard is supported by NACHA and the Association of Financial Professionals (AFP).

The EPN STP 820 standard addresses one of the key obstacles in
business-to-business payments: the lack of a single standard format for remittance information. The AFP Payments Advisory Group, which represents a broad cross-section of corporate treasury and finance professionals, has said the EPN STP 820 "appears to address key barriers to the efficient delivery of
remittance information with electronic payments, if properly implemented."

EZ-Direct Deposit™ is used by hundreds of individuals, companies, and financial institutions in several countries, EZ-Direct Deposit™ is easiest and the key to preparing Customer, Vendor and Payroll direct deposits for processing by the world-wide network of financial institutions. 

Businesses using EZ-Direct Deposit™ find that bill paying, and payroll processing time and expenses are reduced. Checks don't have to be printed or mailed, checks don't get lost, vendors are more satisfied with the convenience that direct deposit offers.

Overview

The files created by EZ-Direct Deposit™ are guaranteed to meet National Automated Clearing House Association (NACHA) standards. EZ-Direct Deposit™ creates a NACHA or customized file of deposits for all vendors requesting direct deposit. While the standard Vendor module generates registers that detail the transactions, EZ-Direct Deposit™ is required to actually send transmissions to your financial institutions.

EZ-Direct Deposit™ gives companies using timberline^® the ability to provide an important benefit while making the job of "paying invoices" easier!

What is EZ-Direct Deposit™?

EZ-Direct Deposit™ is a Direct Deposit Interface that works with any version of timberline^®. EZ-Direct Deposit™'s purpose is to create and send file transmissions of the Direct Deposit data generated within timberline to your financial institution, which will then re-transmit the Direct Deposit data to the financial institutions of Direct Deposit participants.

For vendors who are participating in the Direct Deposit program for the first time, EZ-Direct Deposit™ will also transmit the Pre-Note required by the financial institution for approval before Direct Deposits can be made to the new participant's bank account.

How EZ-Direct Deposit™ Works

EZ-Direct Deposit™ creates a NACHA or customized file of deposits for all vendors requesting Direct Deposit. EZ-Direct Deposit™ also gives you the capability to combine the transactions from multiple timberline^® companies into one or more transmission files, and to route each transmission to a different Originating Depository Financial Institution (ODFI).

There are several methods available for routing the EZ-Direct Deposit™ file to your financial institution. The EZ-Direct Deposit™ file can be put on diskette or it can be transferred to your bank via your web browser. 

About EPN STP 820

EPN STP 820 was developed by the Electronic Payments Network (http://www.epaynetwork.com). The EPN STP 820 specifies up to 10 required data elements, with two elements -- customer name and customer account number -- as mandatory. When invoices are being paid, there are eight additional fields such as invoice number, gross invoice amount, and amount paid to be included with the electronic payment for each invoice being paid.

System requirements

Works with any version of timberline Online, timberline Pro, timberline Premier and Premier Accountant and timberline Enterprise.

Pricing 

EZ-Direct Deposit™ is licensed per seat or per computer. This means that if you want to install it on four computers, you will need to order a 4 computer license.

EZ-Direct Deposit™ - EPN STP 820 – Contact us for pricing
Create EPN STP 820 ACH CTX file - Software only to create ACH file - No additional ongoing fees

EZ-Direct Deposit™ Vendor for timberline® – $1,495
Vendor Payments only Direct Deposit  - Software only to create ACH file - No additional ongoing fees

EZ-EFT® for timberline® – Call us for more information
Collect pre-authorized payments from your customers electronically - Software only to create ACH file - No additional ongoing fees

EZ-Direct Deposit™ - Each additional Company – $199.00
Software only to create ACH file - Addition timberline Company

EZ-Direct Deposit™ and EZ-EFT™ Additional Computer License – $199 per computer
Installation of EZ-Direct Deposit or EZ-EFT on an additional computer

Volume Discount
pricing is available
Call us at 360-891-6174
or Click Here to purchase

Ordering Information 

Please call 360-891-6174 to order EZ-Direct Deposit or EZ-EFT. We accept Visa, MasterCard, American Express and Corporate Checks. Our products are available on Amazon.com.  Please refer to our Refund/Return Policy before purchasing.

Processing - Pricing (Optional)

If your bank does not provide you with the ability to receive an ACH file and process your Direct Deposits, we can provide Direct Deposit processing at very competitive rates.

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EZ-Direct Deposit is a Trademark of Coastal Software & Consulting, Inc.
timberline is a registered trademark of Intuit Corporation.

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EZ-Direct Deposit for timberline

EZ-Direct Deposit for Peachtree Accounting

EZ-EFT for timberline

EZ-Direct Deposit for Canadian timberline

EZ-Direct Deposit for Canadian Peachtree

EZ-Direct Deposit for Accounting Software