Wage and Salary Payments by Bank Transfer 

Purpose

The system uses this process to provide all the information your house bank needs to transfer the wage and salary payments to your employees. The system creates a DME file and the DME accompanying sheet. Furthermore, you can print a payment summary which lists the individual payments. You can use the payment summary to, amongst other things, post the wage and salary payments manually to Financial Accounting.

Process Flow

  1. The preliminary program DME evaluates the entries in the Payment Information table (BT) in the payroll results for the employees, and creates a payment run which contains the payment data.
  2. The payment medium program for the bank transfer evaluates the payment data and creates a DME file, the DME accompanying sheet and the payment summary. The DME file contains all bank transactions and is of the same format as the file used by the bank for your country.
  3. You provide your house bank with the DME file created, so that the bank transfer can be made.

The following graphic shows the process flow of wage and salary payments by bank transfer.