Understanding Banking and Recipient Processing

The banking process of Global Payroll combines payroll data, pay entity source bank data, and payee or recipient bank data. The EFT file creation process extracts data compiled by the banking process according to the type of EFT file that you are creating, merges it with data provided by the Australian country extension, and creates the file for transmission.

Note: In these topics, the payee of group tax is the Australian Tax Office (ATO). The ATO is a recipient just as a health fund or the beneficiary of a garnishment is a recipient. Unless otherwise stated, the term recipient includes the ATO.