Setting Up Banking

This topic provides an overview of banking setup for PeopleSoft Global Payroll for Spain and discusses how to define banking files.

The majority of the banking setup for PeopleSoft Global Payroll for Spain takes place in the PeopleSoft Global Payroll core application. In the Global Payroll for Spain country extension, however, you define the banking file, which enables you to set the parameters that drive the generation of the EFT payment file. PeopleSoft Global Payroll for Spain delivers two sample banking file IDs: CSB34 and 34.14. However, you can create additional banking file IDs to maintain different parameters

Note: The file ID CSB34 is set up to generate a file structure that follows Norm 34-1. The file ID 34.14 is used to generate a file structure that is compliant with the SEPA requirements, following the norm CSB34_V14.

To determine if a transfer is to be printed in the SEPA block or in the “Other transfer” Block, system will evaluate the country of the beneficiary account. If the country of the account has SEPA setup in the following menu option, we will consider that the transfer is meant for a SEPA country and will include it in the SEPA block.

Use the Define Bank File ESP page (GPES_BANK_FILE_PNL) to define bank files.

Navigation:

Set Up HCM > Product Related > Global Payroll & Absence Mgmt > Banking > Define Bank File ESP > Define Bank File ESP

This example illustrates the fields and controls on the Define Bank File ESP page. You can find definitions for the fields and controls later on this page.

 Define Bank File ESP page

Field or Control

Description

File type Id

Select the type of banking file to be generated. The possible values are:

  • CSB34-1 (IBAN): : Select this value if the flat banking file’s structure follows the norm CSB34 V1.

  • CSB34-14: Select this value if the flat banking file’s structure follows the norm CSB34 V14.

  • SEPA: Select this value if the banking file follows SEPA requirements.

Group Payments

Select to group all payments for an employee that are associated with the same calendar group. For example, when this check box is selected and segmentation occurs, the system combines payments for the different segments for a payee in a unique line in the file.

Note: Regardless of whether you select this check box, the banking process splits lines related to different accounts.

Maximum Amount

Enter the amount at which the system excludes a transfer from the banking file. Any transfers exceeding this amount also generate a message in the banking process log.

Maximum Amount National

Enter the amount at which transfers to national bank accounts are excluded or split.

If you select Exclude in the corresponding Action field, the system excludes from the banking file any national bank transfers that exceed the value in the Maximum Amount National field.

If you select Split in the corresponding Action field, the system splits the amount of national bank transfers that exceed the value in the Maximum Amount National field into separate lines in the banking file that follow the line for the maximum national amount.

Maximum Amount Foreign

Enter the amount at which transfers to foreign bank accounts are excluded or split.

If you select Exclude in the corresponding Action field, the system excludes from the banking file any foreign bank transfers that exceed the value in the Maximum Amount Foreign field.

If you select Split in the corresponding Action field, the system splits the amount of foreign bank transfers that exceed the value in the Maximum Amount Foreign field into separate lines in the banking file that follow the line for the maximum foreign amount.

Minimum Amount Special

Enter the amount above which transfers are included in the special block of the banking file or excluded from the banking file.

If you select Include in the corresponding Action field, the system includes transfers that exceed the amount in the Minimum Amount Special field in the special block of the banking file.

If you select Exclude in the corresponding Action field, the system excludes from the banking file any transfers that exceed the value in the Minimum Amount Special field.

Note: If you select Exclude, in the Minimum Amount Special field, you will probably need to create a second banking file definition to manage large transfers separately from the rest.

Suffix

Enter the values of positions 14, 15, and 16 in the banking file codes.

Booklet Version

Enter the version of the notebook following this logic. The format is:

  • First two digits are the number of the booklet.

  • Following three digits identify the version of the booklet.

  • Last digit is a control digit.

Header Operation Code

Enter the values of positions 3 and 4 of the header code.

Special Operation Code

Enter the values of positions 3 and 4 of the special code.

National Operation Code

Enter the values of positions 3 and 4 of the national code.

Foreign Operation Code

Enter the values of positions 3 and 4 of the foreign code.