You save essential information for external bank transfers in the External Bank Transfers infotype (0011). External bank transfers are, for example, insurance contributions for an employee’s insurance fund and deductions for rent to be paid to the employee’s landlord.

The standard system contains, amongst others, the following wage types:

• Subtype M770: Deduction for rent

Specify which wage type is to form the basis for the external bank transfer in the Wage type field. In conjunction with the Wage type you must process either the field Amount or the fields Number and Unit. The system checks the combination you entered. The currency is defaulted according to the company code. This can be overwritten.

You can determine the payment periods by making an entry in the fields 1st payment period and Interval (periods) for the next and all subsequent periods, or by making an entry in the fields 1st payment date and Interval/unit for the next and all subsequent days. Enter the payment period without the payroll year. The subsequent payment periods will be determined by adding the intervals.

You have two possibilities when entering payee data:

• In the field Payee key enter the key for a payee that has been defined in your system. The system will then determine the payee’s name, address and bank details and the payment method from this key.
• If you do not make an entry in the field Payee key, then you have to enter the payee’s name, address, bank details and payment method manually.

Do not make any additional entries for the payee or the payment method if you have entered a Payee key.

In the field Purpose you can enter a text of your choice. In the field Priority you can store the priority of an external bank transfer. This field is not used in the standard system.