Approve Bank Accounts

When the check verification document has been approved, you must finalize the approval by approving the bank account.

To approve a bank account:

1. Go to Org Setup > Org Payroll Setup > Legal Entity.
2. Select the legal entity and click the Customer Funding Identifiers subtab.
3. In the Bank Account Setting section, click the bank account and select its Approved checkbox so that the field displays Yes. The application displays a confirmation message.
4. Click OK to confirm the approval.
   
5. The application populates the value in the Approved On field with today's date.
6. The bank account can now be used to issue payroll, direct deposit, and third-party payee checks.