Create Third-Party Organization for UAE
Deductions from employees can be paid to third-parties such as a court, an external organization, or an individual.
- Select the Third Parties task from the payroll work area.
- Click Create to create a new third-party.
- Select the Organization Party type.
- Select External Payee as Party Usage Code.
- Click Continue.
- Enter the name of the third-party.
- Click Add in the Addresses region to add a new address.
- Click Add in the Contacts regaion to add a new contact.
- Click Submit.
- Select the LDG to create payment method to the third party.
- Click Yes.
- Select Organization Payment Method.
- Click Add to create a bank account. Note: The third-party organization created for social insurance contributions must have the bank account number as '008510' and the IBAN number can be a dummy value.
- Click Submit.