Processing SEPA Payments for Spain

PeopleSoft Global Payroll for Spain enables you to process payments using the Single Euro Payment Area (SEPA) formats and standards through an integration with PeopleSoft Financial Gateway. If you process payments using SEPA, you must set up and process banking using a different set of steps.

This topic discusses how to:

  • Set up SEPA processing.

  • Process SEPA payments.

  • Send SEPA payments to PeopleSoft Financial Gateway.

Before you can process SEPA payments using Global Payroll for Spain, in addition to the normal banking setup you must:

  1. Ensure that an active SEPA application package is defined for Spain on the Banking Country Setup page.

  2. Ensure that a SEPA SQL statement is defined for Spain on the Banking Preparation Definition page.

  3. Define payment process settings on the Installation Settings page.

  4. Set up Integration Broker for both Global Payroll for Spain and Financial Gateway.

  5. Set up banks for Spain in your PeopleSoft Financials system.

You process payments for SEPA using the same Global Payroll Banking Process (GP_PMT_PREP) that you use for non-SEPA banking. When a row of data exists for Spain on the Banking Country Setup component, however, GP_PMT_PREP executes SEPA logic.

Global Payroll for Spain uses the delivered CORE_BANK:SQL application package to process SEPA payments. The system references the banking preparation definition for Spain and for each defined sequence processes the SEPA SQL statement using the country, calendar run ID, and employee ID range selected on the Run Payment Prep Process run control page. The system loads the results into the GP_PAYMENT_FG record.

Note: This new SEPA logic supersedes the country-specific processes that you would normally run in PeopleSoft Global Payroll for Spain for non-SEPA banking. Therefore, when processing SEPA payments for Spain, you do not have to run the EFT generation process (GPESBNK5).

Delivered Sequences

PeopleSoft Global Payroll for Spain delivers two Banking Preparation Definition sequences. They are:

  • Employee SEPA

  • Recipient SEPA

You send generated SEPA payment details from PeopleSoft Global Payroll for Spain to PeopleSoft Financial Gateway. Financial Gateway then dispatches the payments to banks in compliance with SEPA rules and standards. You send SEPA payments to PeopleSoft Financial Gateway using the Payment File Generation page. This page enables you to:

  • Identify the rows of GP_PAYMENT_FG that are to be prepared to be sent to Financial Gateway.

  • Insert the prepared payment rows into staging tables and publish them to Financial Gateway through Integration Broker using the PAYMENT_REQUEST message.

  • Generate Oracle Business Intelligent Publisher (BI Publisher or BIP) reports.