ReadyCash and ReadyWage Repayment DAT File in Sprout Payroll

We’re excited to introduce the Repayment DAT File feature in Sprout Payroll! This update is available to clients who meet the following criteria:

1. Activated to ReadyCash and/or ReadyWage.
2. Using UnionBank for at least one employee’s payroll.

With this update, ReadyCash and/or ReadyWage users can now generate a DAT File for payroll runs that includes the total repayment amount to Netbank for ReadyCash and Sprout for ReadyWage. Alongside employees’ payroll details are Sprout’s and Netbank’s UnionBank information integrated into the DAT file.

• For ReadyCash
  • Account Name: Netbank (A Rural Bank), Inc.
  • Account Number: 000010124901
• For ReadyWage
  • Account Name: Sprout Solutions Phil., Inc.
  • Account Number: 001950000555

The feature supports the following Payroll Run Types: Normal Run, Special Run, and Final Pay Run.

To generate the file, ensure the following conditions are met:

• The Payroll Run includes a ReadyCash and/or ReadyWage repayment amount.
• The Payroll Run is in Approved Status.

Once these conditions are met, the DAT File will be ready for download after processing the Payroll Run.

Alongside the DAT File, a ReadyCash/ReadyWage Report will also be generated. This report lists all employees with ReadyCash/ReadyWage deductions during the payroll run, helping admins identify which employees have been deducted during the payroll run and reconcile any amounts, if necessary.

Both the DAT file and ReadyCash/ReadyWage report will be downloaded under a zipped file.

Lastly, Here’s a sample file on how you can view the ReadyCash and/or ReadyWage repayment line items!

Have more questions? Visit our detailed FAQ guide.