Agency Checks
The ability to calculate and print agency checks (also known as 3rd party
checks) is a huge advantage and a time saver for many companies. Each agency
check is capable of printing a discrete check (or performing an ACH transaction)
that will forward fiduciary monies, like the withholding of a child support
payment, on an employee level to the appropriate governing agency. In addition
to accounting for and withholding these monies, it’s also possible to warehouse
transactions so they can accumulate between payroll cycles and can be processed
on a monthly basis.