HR employee file: Banking details

Overview

Sometimes an employee, manager, or admin will need to update their bank account details when their circumstances change. These changes can include needing to update your account details if you moved to a new bank or adding an extra account you opened with your existing back, such as a new savings account, to your personal file.

The Banking Details feature allows you to add an employee bank account details, specify the account number, how much to pay into each account and if an employee can edit these details. You can also use this feature to edit any previously entered information and delete any data that is no longer required.

Availability

HR Plan:   Free   Standard   Premium   Platinum
Payroll Plan:   Standard   Premium

Getting started

Adding bank account details
  1. Click the Personnel menu.
  2. Click the Employees submenu.
  3. Select the employee whose needs bank details added.
  4. Click the Banking Details tab.
  5. Click the Add New button.
  6. Complete the following fields:
    • Account name.
    • BSB.
    • Account number.
    • Pay into account:
      • Percentage.

      Helpful Hint

      You can use the percentage function to set a percentage based payment split between each account, i.e. two bank accounts with 50% in each percentage field, will split the employees wage evenly between both accounts.

      • Amount.

      Helpful Hint

      You can use the amount function to set a dollar-based payment split between each account, i.e. if you have two bank account fields and designate one of those accounts with a $400 amount, then the second bank field will default to remaining.

    • Editable by employee.

      Important

      To lock an employee bank account, it requires an active connection with Employment Hero Payroll and you must either be an owner and/or admin.

      You can not lock a bank account if there is only one employee bank account provided. There must always be at least one bank account an employee can edit.

  7. Click the Update button.
    Bank_1.jpg

Maintain

Deleting bank account details
  1. Click the Personnel menu.
  2. Click the Employees submenu.
  3. Select the employee that needs their bank account details deleted.
  4. Click the Banking Details tab.
  5. Click the Delete button.
  6. Click the Save button.
    Bank_2.jpg
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