What is the Banks function in Indigo?
Banks allows you to set up and register bank information in Indigo.
Banks allows you to prepare payments from Indigo Payroll that can be effected to any Euro-currency-based bank accounts with an IBAN.
Adding, editing and deleting Banks
Most functionality around banks happens in the Banks screen, accessed via HR > Employee Setup > Banks.
To add a new bank, click on Insert (+ icon) in the Banks screen.
Fill in the required data fields (listed below) for the new bank entry. Once ready, click on Save to commit changes.
To edit an existing bank, highlight the bank by clicking once on the respective row and click Edit.
To delete an existing bank, highlight the bank and click on delete.
Required data fields
Code: An internal code for the bank
Description: A description of the bank such as the bank's name.
BIC Code: The bank's BIC, Business Identifier Code (or SWIFT code)
SEPA file type: This is mandatory only for the Company Bank Account so the system can process the file in the correct format required by the bank. If you are adding a new bank for an employee, you can leave this field blank. The direct credit payment method will work normally when sending payment to banks without a SEPA File Type.
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