Create Payroll EFT

Outline

• Purpose & Prerequisite: To generate a bank file for employee payments after payroll has been approved, enabling direct upload to your bank.
• Process: Guide to using the "Create Payroll EFT" function.
• Key Fields: Confirming critical information such as the Payment Date, Period, and Bank Account details.
• Final Steps: Posting the payroll data and then creating the EFT file for bank upload.

After payroll has been approved in Payroll Status, you can create a bank file to upload to your bank.

Go to Create Payrolll EFT, choose the correct pay group, update the details (as required):

• Payment Date
• Period
• Run Date
• EFT Run Reference
• Name (of the bank account the payment is coming out of)
• Cut Off Date

Note: Payment Date is especially important as this goes on the payday file. 

Click Post and then Generate EFT.