Skip to end of banner
Go to start of banner

Processing EFT payments

Skip to end of metadata
Go to start of metadata

You are viewing an old version of this page. View the current version.

Compare with Current View Page History

Version 1 Next »

Use the Process Payroll EFT Payments window to create a pay file that can be interpreted by banks to electronically transfer funds from your organisation's bank account to individual payroll members' accounts.
After processing, a preview of the Bank Deposit Slip is displayed. You can double check EFT payments, then either:

  • choose to print a hard copy of the slip
  • close the window and make alterations to your pay.

Opening the Process Payroll EFT Payments window
To open the Process Payroll EFT Payments window:

  1. Select Module > Payroll > Process EFT Payments from the main menu.
  2. The Process Payroll EFT Payments window is displayed.


Process Payroll EFT Payments window key fields and buttons
Selections area fields

Field

Description

Bank Account

Change the bank account if required.
The default is the bank account you selected when you created the posting.

Process Date

Override the default processing date, if required.
This is the way you elect to actually transfer the money on a different date to the date you process the pay. In other words, this is the date on the EFT file.

Create Auto Pay File

Clear Create Auto Pay File if you want to process the payroll without creating the ABA (Australian Banking Association) or other defined bank format file.
In cases where something goes wrong with the payroll processing notifications, you can turn off automatic payment to only reprocess the notifications.

Create Balancing Entry

This is the credit entry of the entire amount of the EFT payment.

Copy to directory

Override the system directory that you last copied the ABA file to.

Group Tax area fields

Field

Description

Include Group Tax Payment in Auto Pay File

This allows you to process the tax payments to the ATO at the same time as you process the EFT payment.

A.T.O. Lodgement Reference

The Australian Taxation Office lodgement reference number. Required if you have selected Include Group Tax Payment in Auto Pay File.

Amount to Pay

Amount of group tax to pay. Required if you have selected Include Group Tax Payment in Auto Pay File.

Buttons

Button

Description

Select the pay run to process using the Select Pay to Process window.



  • No labels