Generating a bank file in Portal is a critical step in the payroll process that enables you to facilitate direct deposits for employee salaries and manage other financial transactions efficiently.
This process involves creating a digital file that contains all necessary payment details, such as employee banking information, payment amounts, and transaction dates, which can then be submitted to the bank for processing.
To generate a bank file, follow the steps below in Portal.
Click Manage Payroll then highlight the relevant pay group.
Click the Outputs tab then click Bank File.
From the Company drop-down menu, select a Company or turn on the All Companies toggle.
To omit pay pay groups from the file, turn on the Exclude Pay Group toggle.
Click Generate.
To open the PDF report, CSV report, and transmission file, go to the Report Centre.