What are Split Payments?

What are Split Payments used for?

Adding Split Payments

Editing an Existing Split Payment

Deleting a Split Payment


What are Split Payments?

Split Payments allows an employee's pay to be split and paid into different bank accounts. This feature is only enabled when the payment type is set to Direct Credits.


What are Split Payments used for?

Data entered here will be used when running payroll to split employee's wage into different bank accounts.


Adding Split Payments

To create a new Split Payment:

  1. Go to Payroll > Employees.

  2. Highlight the employee you would like to add a Split Payment for.

  3. Click on the Split Payments tab.

  4. Click on the Insert icon.

  5. Enter the following details:

    1. Payee Reference: A unique reference for the additional payee.

    2. Name: Payee’s name.

    3. Surname: Payee’s surname.

    4. Amount: If payment is for a sum, enter value here.

    5. Percentage: If payment is as a percentage of net pay, enter value here.

    6. Priority: Assign a priority for this payment. The lower the number the higher the priority.

    7. From: Date from which this payee is to receive payment.

    8. To: Date until which this payee is to receive payment.

    9. Bank: the employee's bank's name.

    10. IBAN: the employee's IBAN.

  6. Once ready, click on the Save icon to commit changes.

You will now be able to send Direct Credit payments to different accounts for the same employee.


Editing an existing Split Payment

To edit an existing payment:

  1. Go to Payroll > Employees.

  2. Select the required employee and click on the Split Payments tab.

  3. Highlight the payment by clicking once on the respective row.

  4. Click the Edit button and make the desired amendments.

  5. Click Save.


Deleting a Split Payment

To delete an existing payment:

  1. Follow steps 1 through 3 from 'Editing an existing Split Payment'.

  2. Click on Delete.


Sending a Split Payment from different Company Bank Accounts

It is possible to send a split payment from a different company bank account to the default. This can be done by adding the column 'Company Bank Account' to the grid in the Direct Credits screen, then selecting the employee required and editing the entry under 'Company Bank Account'. If this is left blank, the system will default to the Company Bank Account listed in the Employee form.


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