Terminations - End Date Tax Withholding and Direct Deposits (personal payment methods)
SummaryLooking at options to auto end date Employee personal payment methods and Tax Withholding upon termination
Our HR/Payroll department is asking if there is a way to automatically end date an Employee's Tax Withholding and Direct Deposit information when a termination is performed.
Currently this is a manual process and time consuming, as well as opening opportunities for error.
The issue is that when an Employee is rehired - they often have different bank accounts for direct deposits and in some cases, different tax filing statuses.