Where can I store employee bank information?

Summary

If you wish to store Company and Employee Bank details, you will need to create a record for each bank in the Payroll Parameters. You may also group branches together e.g. all Barclays branches.

Entering Bank Information

• Go to "Payroll" -> "Payroll Parameters/Maintenance" -> "Bank Maintenance"

You will see a screen that includes the following prompts:

Bank Sort Code

• Enter the Bank Sort Code and press <Enter>.

Name & Address

• Enter the Name of the Bank and it’s Address. Once you have entered the basic details, press <Esc> and <Enter> to Accept the new record.

Group

You may wish to Group branches together, follow the instructions below to create a Group:

• Press <Shift+F10> on the Group field.
• Enter a Group Code.

E.G.: BAR (maximum 3 characters).

• Press <Enter> and enter a description.

E.G.: Barclays Branches (maximum 30 characters).

• Press <Esc> and [Accept] the new Group.
• Once Groups have been set up, you can then enter the appropriate code as you create banks. To look through existing groups, Press <F1>/<Shift+F1> to scroll forwards/backwards through the Group Codes.

When you have created Bank Records, you can then record your Company Bank Details and your Employee Bank Details by entering a Sort Code matching a record you have just created.

See also

• How do I Add a New Employee to the Payroll?
• How do I close a payroll period?
• Where can I Store my Company Bank Details?

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Keywords AND Misspellings

bank, records, sort codes, sort, codes, branch, employee, parameters, params