Setting payment method for nominee - Percentage
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See page overview
Ensure that you are in the “Set Employee Payment Method” page and an employee has been selected.
Select the “Salary Percentage” hyperlink either “Set Employee Payment Method” page or from “Salary Amount” page.
The “Salary Percentage” page is displayed.
The system displays the following fields.
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Date Format |
The date format as applicable to the login user. Tell me more |
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Employee Payroll Data Unit |
The employee payroll data unit selected in the “Select Employee Payment Method” page. |
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Org. Unit |
The organization unit to which the employee is mapped. |
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Employee |
The code of the employee selected in the “Select Employee Payment Method” page. |
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Employee Name |
The name of the employee selected. |
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Assignment No. |
The assignment number of the employee to which the payment methods are being set. |
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Payroll |
The payroll to which the employee is mapped. |
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Payset |
The payset to which the employee is mapped. |
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Currency |
The currency that has been set for the selected payset. |
Enter or edit the following fields in the multiline. If you are entering them for the first time, they will all be blank, otherwise the recorded values are displayed.
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Payment Method |
From the drop-down list box, select the payment method by which payment must be made to the employee. The drop-down list box contains the following five values: “Cash Payment”, “Bank – Check”, “Bank – Demand Draft“, “Bank – Account Transfer“ and “Bank – Others“. |
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Priority |
A number to indicate the sequence in which the payments to be made. Example, 1, 2, 3,4. |
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Entering the priority is applicable when you intend to enter more than one payment method for the nominee. | |
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Bank Code |
Select the bank code through which payments can be made, if the payment method you chose is “Account Transfer. |
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Account Type |
The bank code must be defined already through the “Define Bank Master” activity. |
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Select the type of account of the nominee, to which the employee’s payment must be made. The drop-down list box contains the list of account types through which the payments can be made, example, “Savings” and ”Current”. | |
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Account No. |
Enter the account number of the nominee’s account, to which payments must be credited. |
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% |
If the payment to the nominee is to be a specific percentage of the employee’s salary, example, 40%, enter this value. This amount will be paid through the selected payment method. |
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Payable At |
The location where the amount is remitted. |
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Remit tee Name |
Enter the name of the person in whose favor the amount is drawn. |
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Default Pay |
To indicate that this payment method will be the default method for payment when none is specified, select “Yes”. Select “ “No” to indicate otherwise. |
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Address 1 |
Enter the address of the person in whose favor the payments are made. |
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Address Line 2 |
The address of the person in whose favor the amount is drawn. |
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Place / Region |
The place or the region to which the person belongs. |
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Zip |
The zip number of the corresponding place or region. |
Select the “Save” pushbutton to save the details entered.
6Hyperlinked topics below
Use this page to specify payment methods for a nominee of the employee.
Use this page to specify payment methods for a nominee of the employee, when
The employee has directed that a part or whole of his salary must be remitted to the person/nominee. For each payment method, you are to specify the same information that you specified in the “Set Employment Payment Method” page.
The payment to be remitted from the employee’s salary must be specified as a percentage of the employee’s salary.