Note: You’re only able to use one direct deposit service (EFT or VoPay) for all employees currently. If you need to use both services, see the article How to switch between direct deposit methods.
Open Direct Deposit Settings
Log in to Sage Payroll.
Go to Settings.
Select Direct deposit to view the setup options.
If you’re using VoPay as your current direct deposit method, you’ll notice the Active logo on the tile. After you set up EFT, the Active logo switches to EFT.
Choose a Payment Method
EFT File Setup
Use EFT files to upload payment details to your bank after each pay run.
Required Information
Company Details
Company Name
Company Short Name
Bank Account Number
Transit and Institution Numbers
Originator ID
Processing Center (varies by bank and EFT type)
Employee Details
Bank Account Number
Transit and Institution Numbers
Setup Instructions
Select Set up EFT file.
Select your bank from the dropdown menu.
Enter the Assigned originator ID. Your bank provides this 10-digit number.
Some banks require a Processing data center number. This is five digits.
Select Next.
Enter the Payment debtor account name. This name will show up on customer statements.
Under Originator bank number, enter the three-digit institution number.
Enter the five-digit Originator branch transit number.
For Account ID for returns, enter the account number that you use for EFT.
Select Save setup.
Process a pay run
Complete a pay run. See this article: Process a pay run in Sage Payroll (Canada).
Go to the Payments tab.
Check the box for the pay run, and select Generate the EFT file.
Find the file in your Downloads folder or use CTRL+J.
Upload this file to your bank EFT to process payments.
File Format
EFT in Sage Payroll generates a CPA Standard 1464-byte file, also known as CPA 005. If the bank rejects your file, it's possible that you didn’t select the correct file format in your bank platform settings. You can view a sample of a CPA Standard 005 file in the Related Resources section.
Next Steps
Select Print pay statements. A new window will open with the stub. You can print or export the documents.
Related Resources
To learn how to set up and verify your employee bank details, read our Setup employees for direct deposit in Sage Payroll article.
Sample file