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.
To open the Process Payroll EFT Payments window:
- Select Module > Payroll > Process EFT Payments from the main menu.
- 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. |
Process Date | Override the default processing date, if required. |
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. |
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. |