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03-30-2004

Payroll Prefunding.

SBT software now has the ability to do Payroll Prefunding! This feature helps guarantee the money for payroll is present on the effective date. Payroll Prefunding allows ACH payroll files to be automatically credited to a specified prefunding account 1-9 days earlier than the customer-specified effective date. The employee deposits will then be debited from this payroll prefunding account. Payroll Prefunding is only available in our 2.1+ software releases.