Banking Details | How to setup Employee Bank Detail Indicators
Overview
The Employee Bank Detail Indicators option allows employers to manage how employees are included in specific payment runs. This feature provides flexibility in processing payroll by enabling the employer to:
- Specify which employees should be part of particular payment batches.
- Schedule payments for different employees on specific dates.
- Support multiple bank accounts per employee, making it possible to split salary payments across different accounts each month.
This option is especially useful for organizations with complex payment requirements or employees with varying banking arrangements.
Edition
This feature is available
on all Deel Local Payroll powered by payspace editions
Navigation
Navigate > Config > Basic Settings > Dropdown Management > Other Dropdowns > Employee Bank Detail Indicators
Details
Set up your indicators under the Employee Bank Detail Indicator section and click Save
Once saved, these indicators will become available for selection on the Employee Bank Details screen
When generating the Salary Payment File, the employer can now select a specific Run Indicator to export only employees linked to that indicator
Important
After setting up indicators, each employee must be linked to the appropriate indicator on their Banking Details screen. This ensures they are correctly included in the relevant payment runRelated Articles
How do I delete an employee Bank Detail Indicator that is no longer in use?
This applies to Premier and Master editions Before selecting the delete icon for the relevant Bank Detail Indicator, ensure that no employees are linked to it. Navigate > Employee > Basic Information > Banking Details Select to clear the Indicator ...How do I update an employee's banking details?
This feature is available on all PaySpace editions. An employee's banking details can be updated by editing the existing information in the mandatory fields on their Banking Details screen. Navigate > Employee > Basic Information > Banking DetailsEmployee | The Banking Details screen
Overview The Employee Bank Details Screen relates to the employee’s payment method and details required based on the payment method. Edition This feature is available on Lite / Premier and Master editions. Navigation Navigate > Employee > Basic ...How do I update existing employee Banking Details via the Bulk Actions screen?
This feature is available on all Deel Local Payroll powered by payspace payroll editions To update the employee's Banking Details, click the "Eye" icon to load their data, then click the "solid download" icon to download the pre-populated template. ...How do I add a bank if it does not exist on the employee's Banking Details screen?
This feature is available on Premier and Master editions If a bank does not exist on the employee's Banking Details screen, it can be added on the Other Dropdowns screen. Navigate > Config > Basic Settings > Dropdown Management > Other Dropdowns > ...