How Payment Methods and Payroll Definitions Work Together
You select organization payment methods when creating other objects, such as payroll definitions, third-party payment methods, and personal payment methods. This topic describes the functional relationship between organization payment methods and the objects that use them.
Functional Relationships
This table describes the functional relationship of organization payment methods with other objects.
Object |
Function |
---|---|
Personal Payment Method |
Associates a person to a payment method, currency, and payment source. |
Payroll Definition |
Establishes the payment methods for payments to employees. A default payment method is required. For China, the default payment method can only be Cash. Note: You can't set the Direct Deposit payment method as
the default payment method because each payee must have a personal
payment method with account information to know where to deposit the
money.
|