Generating an ABA bank payment file from your pay run ⚡🏦

You can now generate and download an ABA file directly from your pay run! This streamlines and simplifies the process by eliminating the need to manually create a bank payment outside the pay run.

Key things to know

Automatic Payments

If your book is set to automatically make payments after each pay run in Payroll Settings ➡️ Payments, Reckon One will automatically generate a payment for each employee when the pay run is marked as paid. You'll find these payments under Day to Day ➡️ Make Payment.

The new Generate ABA button in your pay run

After marking a pay run as paid, the new Generate ABA button will automatically create a bank payment for all employees in the pay run who are paid using EFT.

The ABA file will be downloaded to your PC using your browser's settings.

Bank account details

Please ensure that you have completed the bank account details for your bank account used for EFT payment. You'll find this in Payroll Settings ➡️ Bank Accounts ➡️ Select your bank account ➡️ Add your Financial Institution and bank account details

Employee bank account details

Only employees who are set to EFT payment with valid bank account details added in the Banking tab of their profile will be included in an ABA file. Please ensure you have added the employee's correct bank account details for EFT payment prior to generating an ABA file.

Please note, if an employee is set to Cash, they will be excluded from any ABA file you generate.

Comments

Gayle_10863666

Hello Rav, I only use Payroll in Reckon One, we use desktop Reckon version for the other side of things, just want to confirm please, if the below remains TICKED and the ABA file is generated in the new option in Payroll do the payments still go to Reckon One Accounts Bank Payments & if I UNTICK this and generate the ABA file in the new option in Payroll, they don't? Thank you - Gayle

Rav

Hi there @Gayle_10863666

The Automatic Payments option that you've highlighted above is a requirement for an ABA file to generate from the pay run. Once the file is generated, it will automatically create a payment for every employee in that pay run for you under Banking ➡️ Bank Payments in Reckon One.

This way it cuts down on the manual steps required to create the bank payment in Reckon One.

Tina

Hi Rav

Just used this new feature and for an employee who has wages paid to two separate accounts. The ABA is paying the total amount to just one of the accounts. I ran a report and the report shows the wages correctly going to the two accounts but not reflected in the ABA file.

Rav

Hi @Tina

Thanks for flagging and apologies for the confusion there. We've got a fix for this in the works right now, in the interim there are a couple of workarounds which I'll link to below from my previous note while get this straightened out for folks with multiple EFT bank accounts.

https://community.reckon.com/discussion/comment/20653904#Comment_20653904

Tina

Thanks Rav.

It was actually my pay and I needed to send to the bank ASAP to make the pre public holiday cut off. I can sort that out on my side but appreciate that there is a work around.

Also, the ABA seems to generate its own payment name. Is there a way to edit this? Our accountant likes it a particular way in the bank and now instead of being named how we like it seems to be pulling from the pay run name.

Stacey_6976885

Hi Rav,

Have just tried to use the ABA feature for the first time, I clicked on Word when it asked me which app to use, I'm assuming I should have clicked on the browser Edge instead. How do I change it, as it now defaults to Word?

Lucas

Hi @Stacey_6976885,

If you would like to change the software that is used to open it, right click on it and select 'Open with' and choose the program you would like to use.

If you would like to rename the file, you can click F2 and it highlights the text to rename it.

Usually you do not need to do anything after generating an ABA file and can upload straight into your bank account to send off the payments when required.

Thank you and speak to you soon.
Lucas

sam_allsetrentals

hi all.

love the new button, but there is a glitch.
It uses the date that you press the button as the value date of the ABA file, totally ignoring the value date that the user sets.

The quick fix is to open the ABA file in Notepad and correct the value date in the file. The value date of the file is the last 6 digits of the top line.
it looks like this 02/05/010525
The 02/05/ is the day and month that I set (which is ignored), and the last 6 digits 010525 is the value date of the file; the format is ddmmyy. so this example to correct the file to the desired value date from the first of March to the second of March the last 6 digits would be changed from 010525 to 020520.
then the last part of the top line would be 02/05/020525

Rav

Hi @sam_allsetrentals

That's correct, that is by design at this stage. When you generate the ABA from the pay run, it uses the date of ABA creation in the file itself.

The reason for this is, if you generate an ABA from the Bank Payments menu, you manually enter a payment date whereas there's no option to do so on the pay run so the ABA is generated using the date of creation instead.

Would you like to see it use the Pay Date that is designated from the pay run?

sam_allsetrentals

Of course i would like it to use the Pay Date that is designated from the pay run.
What other possible thing could Pay Date be for?

This system, as it stands, makes it impossible to set up pay runs for the future, which I do every week.
I set up the pay run on Thursday with a pay date of Friday.
As the only person who runs the pay for a small business, i sometimes line up two or three pay runs for the weeks ahead (for instance, when i am on holiday).

Rav

Good feedback, thank you for that. I'll have a chat with our product team about it and see what can be done there.

Rav

Hi @sam_allsetrentals and everyone

I just wanted to give you a quick update to let you know the latest update to Reckon One (info here) has introduced a change where generating the ABA from the pay run will now utilise the pay date from the pay run rather than the date the file is generated.

Hope that helps and let me know if you have any questions.

Reckon One Announcements & Important Info

Don't miss announcements and important info for Reckon One.

Click Here

Reckon One Help Videos 📽️

Check out our Reckon One how-to videos for tips & tricks and help with common tasks!

Button

Reckon Payroll Ideas & Feature Requests 💡

Got a cool idea or want a new payroll feature in Reckon One? Let us know here!

Button

Find more posts tagged with

Component react.online had an error.

ref must be one of: categoryID, siteSectionID, category, category/categoryID, category/name, category/description, category/url, category/allowedDiscussionTypes, locale, siteSection, siteSection/basePath, siteSection/contentLocale, siteSection/sectionGroup, siteSection/sectionID, siteSection/name, siteSection/description, siteSection/apps, siteSection/attributes, layoutViewType, discussionID, commentID, page, latest, sort, sortType, lookupSort, discussion, discussion/name, tags, breadcrumbs, discussionApiParams, serverDraftID, serverDraft.