Can salary payment be deducted to Cash account automatically after I have marked the payrun as paid?
Is there a setting to make payments for employee salaries deducted automatically to Cash in Bank account after I marked the payrun as paid?
Answers
-
Hi @sherina79
Just to clarify, do you mean you're looking to actually physically transfer money from your bank account to the employee's bank account for payment of the payrun?
0 -
Hi @Rav
Everytime I do monthly payrun, I process the payment in the bank before I mark payrun as paid.
Would it be possible that when I marked it as paid, the system will record accordingly, meaning deduct salary payments from my cash in bank account?
Thanks,
Sherina
0 -
I think what you're looking for is in the Settings ➡️ Payments ➡️ Automatic Payments
You'll need to specify the bank accounts in each of the relevant fields and select the Automatic Payments option. Payment transactions will be automatically created in the corresponding bank account in your Reckon One book.
Please note: This does not physically transfer money from your actual real bank account to an employee's bank account. You can create a bulk payment file to upload to your financial institution by creating an ABA file.
1
Categories
- All Categories
- 6.8K Accounts Hosted
- 17 📢 Reckon Accounts Hosted - Announcements
- 6K Reckon Accounts (Desktop)
- 8 📢 Reckon Accounts Desktop - Announcements
- 1.5K Reckon Payroll
- 40 📢 Reckon Payroll - Announcements
- 15 Reckon Payroll Help Videos 🎥
- 30 Reckon Mate App
- 2.7K Reckon One
- 17 📢 Reckon One - Announcements
- 14 Reckon Invoices App
- 24 Reckon Insights
- 101 Reckon API
- 310 Point of Sale
- 1.9K Personal Plus and Home & Business
- 72 About Reckon Community