A Better Way to Manage Your Everyday Money - Book - Page 72
Direct deposit
The recommended way to avoid the cash back habit is to have your paychecks directly deposited.
When you sign up for direct deposit, your money is electronically sent to your checking account
on payday. You do nothing other than record the deposit in PerNetFlow.
Direct deposit is a trusted technology that is dependable, quick, and very convenient. Having
your paychecks directly deposited to your checking account:
● Means one less thing that you have to do;
● Removes the temptation to put some of your paycheck in your pocket;
● Avoids the inconvenience of getting paid when banks and credit unions are closed.
Auto Deposit
Auto Deposit is a PerNetFlow feature that helps you remember and enter income receipts that are
scheduled in your cashflow.
The Auto Deposit feature is turned on and off in the
Options dialog box. With the Auto Deposit option
turned on, the program will display the Deposit
dialog box the first time it’s started each day for all
scheduled income receipts that are due or past due.
The Auto Deposit feature only displays deposits
once for each expected receipt.
When the Auto Deposit option is turned off, the
program continues to check for new income
receipts, but does not display the Deposit dialog
box. Because the Auto Deposit feature stays current
whether it is turned on or off, you can switch the
feature on and off at any time.
When Auto Deposit is turned off, you must remember to enter expected deposits from income.
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