Payment Method defines how your company pays salary to your staff. By default, the system would have 3 payment methods: Autopay, Cash, and Cheque.
Please go to Payroll -> Payment Method to add the payment you need.
The Payment Method of each staff can be specified in the staff Placement profile and this would be the default payment method of staff when generating the payroll. You can also change the payment method as one-off setting after generating the payroll in the staff Payroll directly.
You can then generate the Autopay file or payroll report according to Payment Method.
| Field | Description |
|---|---|
| Payment Method Code | Short code to represent a Payment Method. |
| Payment Method Name | Full name of the Payment Method |
| Is Bank Information Required | Specify whether Placement paid with this Payment Method requires bank information to be entered in his/her Applicant profile. |
| Remark | Any notes for your reference |