On this page, you can create bank accounts.
To create or modify bank accounts, the professional role or function right 349 – View HRM financial information in organization chart is required. Users with the General manager, Controller, F&A staff, HR, and HR assistant roles have this function right.
Note:
The information in this document is applicable to product update 254 and higher. If you have versions lower than this, certain features explained here will not be applicable.
Keep in mind:
Click this to exit.
Click this to save the entry for the bank account.
Click this to save the entry for the bank account and create another bank account.
Note: This button is available only if you are creating a bank account.
Click this to delete the bank account.
Note: This button is available only if you are modifying a bank account.
Click this to add the details of an existing bank account to the entry.
Note: This section will be displayed if the account payable for the employee or creditor has not been created.
Type or select the account payable code. The account payable code of the employee is usually the employee ID while the account payable of the creditor is usually the creditor ID.
Type the name of the creditor or employee for the account payable. The name filled in must be the name of the employee or creditor as per the name registered with the bank.
Type or select the payment type for the employee or creditor.
Type or select the payment condition code for the employee or creditor.
Type or select the currency code for the employee or creditor.
Type the credit line or limit for the employee or creditor.
Type the discount to specify the percentage of discount allocated for the employee or creditor, if available.
Type the value-added tax (VAT) number of the employee or creditor, if available. A VAT number is used for VAT collection by the tax authority.
Type the bank account number. This is mandatory. When the IBAN International Bank Account Number option or a predefined bank account type with the check type set to “IBAN” is selected at Type, this field will be automatically disabled. It will be prefilled with the IBAN code defined at IBAN under the Details section once saved.
Note: This information cannot be edited if you are modifying a bank account. For more information on defining bank account types, see Creating and modifying bank account types.
Type or select the bank account type of the bank account.
Note: This information cannot be edited if you are modifying a bank account.
Select either Bank account 1 or Bank account 2 to specify that the bank account is used for payroll processing. A bank account with a default account will have its information stored in a different table compared to a bank account without a default account.
Type the name of the bank that the bank account belongs to.
Type the address of the bank.
Type the second line of the address of the bank, if available.
Type the third line of the address of the bank, if available.
Type the postcode and then the city of the bank.
Type or select the country code of the bank. This field will be prefilled with the first two letters of the IBAN code defined at IBAN under the Details section, if left blank.
Type or select the currency code for the bank account.
Type the International Bank Account Number for the bank account. The first two letters must match the country code defined for the bank address at Country under the Address section. The IBAN code must correspond with the existing bank account number predefined at Number under the General section for all countries except for Belgium, Germany, and Hungary. Otherwise, an error message will be displayed.
Note: For more information on the general validation rules for IBAN, see http://www.iban-rechner.eu/ibancalculator/iban.html and http://en.wikipedia.org/wiki/International_Bank_Account_Number#Validating_the_IBAN.
Type the Bank Identifier Code of the bank account.
Type the SWIFT code of the bank. The SWIFT code refers to the Society for Worldwide Interbank Financial Transaction code. SWIFT is the registration authority for the assignment of Bank Identifier Codes (BICs) and for the publication of BICs in the BIC Directory.
Type the bank code of the bank. This field is used in certain export formats.
Type the branch code of the bank. This field is used in certain export formats.
Type the account number of the bank.