Transfer to Financial Institution
Explanation
This activity is used to create a file for transferring payment transactions to a financial
institution. This is normally done by
the finance administrator.
Prerequisites
In order to perform this activity, payment transactions
are required to be authorized in the Employee Payments
window.
System Effects
As a result of this activity;
- A payment file that includes all authorized
payments is created in the location you specify and the file is transferred to
the financial institution.
- An employee payment record is entered in the
Employee Payments window.
Window
Transfer Payments
Related Window Descriptions
Transfer Payments
Procedure
- Open the
Transfer Payments dialog box.
- Enter the company from which you want to transfer
payment transactions in the Company ID field. The default company of
the user is selected by default.
- In the Method ID field, enter the payment
method that should be used to transfer the transactions. If a default
payment method is defined for the company, it will be selected by default.
- In the File Name field, enter the file path
that should be used to save the payment file created. Click Browse to
find the path. If a default path is defined for the company, it will be
selected by default.
- Click OK.