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What are Split Payments?
When running the payroll, the Split Payments feature allows an employee's wage to be split and paid into different bank accounts. This feature is only enabled when the payment type is set to direct credits.
Adding Split Payments
To create a new split payment:
Go to HR > Main > Employees.
Highlight the employee you would like to add a split payment for.
Click on the Split Payments tab.
In the Employee Split Payments screen:
Click on the ➕ Insert icon.
Fill in the following details:
Payee Reference: A unique reference for the additional payee.
Name: Payee’s name.
Surname: Payee’s surname.
Amount: If payment is for a sum, enter value here (e.g. 1000).
Percentage: If payment is as a percentage of net pay, enter value here.
Priority: Assign a priority for this payment. The lower the number the higher the priority.
From: Date from which this payee is to receive payment.
To: Date until which this payee is to receive payment.
Bank: the employee's bank's name.
IBAN: the employee's IBAN.
Click on the ✔️ Save icon to commit changes.
You did it! 🎊 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:
Go to HR > Main > Employees.
Select the required employee and click on the Split Payments tab.
Highlight the payment by clicking once on the respective row.
Click the Edit button and make the desired amendments.
Click Save.
Deleting a Split Payment
To delete an existing payment:
Follow steps 1 through 3 from 'Editing an existing Split Payment'.
Click on Delete.
Sending a Split Payment from Different Company Bank Accounts
To pay a split payment from a specific bank account—different from the one specified in the employee profile—you have to:
Ensure you've created an additional company bank account you want to process split payments from.
Add the company bank account to the Split Payment tab for the needed employees. 👇
Adding Company Bank Account for Split Payments
Select an employee from HR > Employees.
Click on the Split Payments tab.
Click on Toggle Grid Options icon from the toolbar and select the Column Selector icon.
From the Column Selector modal, tick the Company Bank Account Code and Company Bank Code checkboxes and hit Save.
Click on the pencil icon to ✏️ edit an existing split payment.
You can also create a new one by clicking on the ➕ insert button, if needed.
Click on the 🔍 magnifying glass icon under the Company Bank Account Code column.
Double-click on an existing company bank account from the grid (e.g. BOV).
⚠️ Note: The company bank has to be different from the one entered in the employee profile. 👇
Click on ✔️ Save to confirm your changes.
How it Looks in Payroll
Go to Payroll & Leave > Payrolls
Double-click on an unfinalised payroll.
Select and calculate the employee you set up the split payment for.
The split payment will be calculated against the company bank you've selected for the employee.
Since we set up a €1,000 split payment to be paid from a BOV company bank account, the remaining amount will be paid from the default company bank account set in the employee profile (e.g., Revolut). 👇
Related Articles
Setting Up the Company Payment Bank Account for Direct Credits
Periodic Payments
Calculate & Finalise Payroll
Setting Up the Company Payment Bank Account for Direct Credits