Maintain Payment Method

From eStream Software

Menu : Payroll | Maintenance | Maintain Payment Method

Introduction

  • Enable to maintain the Payment Method.


Pay PaymentMethod.jpg
Field Name Properties
Code
  • Definition : Payment Method code
  • Field cannot be blank
  • Field Type : Alphanumeric
  • Length : 20
Description
  • Definition : Full description on Payment Method Type
  • Field cannot be blank
  • Field Type : Alphanumeric
  • Length : 160
Bank
  • Definition : Company Bank
  • Required if using Direct Transfer payment method
  • Field Type : Drop Down List
Bank Account No
  • Company bank account number
  • Required if using Direct Transfer Payment Method.
Bank Charge
  • Some bank will charge an amount per transaction when using Direct Transfer Payment Method.
Payment Method
  • Cash : Pay by pure cash (For Coinage Report)
  • Cheque : Pay by Cheque (For Cheque Listing Report)
  • Direct Transfer : Pay using Direct Debit / Bank Electronic Credit Transfer (For Credit Bank Report)
Net Pay
  • Blank to make it default.
  • Apply script Payroll Rounding, Net pay using Rounding Mechanism, which mean rounded upwards or downwards to the nearest multiple of 5 sen. In this regard, total Net Pay that ends in 1, 2, 6 and 7 sen will be rounded down while 3, 4, 8 and 9 sen will be rounded up to the nearest multiple of 5 sen.
Branch
  • Bank Branch Name
Address
  • Bank Address
Contact person
  • In Charge bank person
Ref 1 / Ref 2
  • Additional Info
Phone 1 / Phone 2
  • Contact Number
Fax
  • Fax Number
GL Account
  • General Ledger Bank Account Code. (For linking with SQL Account)
Active
  • Definition : Unchecked if this record is not in use.
  • Field Type : Boolean
Set as Default
  • Definition : Click mean this record you want it be the default record when insert a new record.
  • Field Type : Button