What is the Banks function in Indigo Payroll?
Banks allows you to set up and register bank information in Indigo.
What is the Banks function used for?
Banks allows you to prepare payments from Indigo Payroll that can be effected to any Euro-currency-based bank accounts with an IBAN.
Adding new Banks
To add a new bank, click on Banks, and in the Banks tab click on the Insert icon.
Fill in the following fields for the new bank entry:
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.
Once ready, click on the Save icon to commit changes.
Editing an existing Bank
To edit an existing bank, highlight the bank by clicking once on the respective row and click the Edit button.
Deleting an existing Bank
To delete an existing bank, highlight the bank and click on delete.