Split Up Payroll Payments

You can allocate payroll payments to different personal payment methods using percentages, fixed amounts, or a combination. You can create personal payment methods the Manage Personal Payment Methods page. These scenarios illustrate how you can split up payments.

Use Fixed Amount Payments

Barbara wants 5000 CNY deposited in her savings account A each payroll period and the remainder paid through saving account B. Then she created an EFT payment method for account A and sets the amount to 5000. When Barbara decides to stop the transfers to her savings account B, she deletes the payment method.

Use Percentage Payments

Oscar wants to contribute to the college fund he set up for his children. Oscar frequently receives bonuses and sales commissions and his net payment amount always changes. So he adds a payment method that allocates four percent of his pay to the fund. By using a percentage rather than a fixed amount, Oscar can contribute to the fund at the same rate he earns.

Use a Combination of Payments

Each payroll period, Jim wants the following disbursements:

• 3000 CNY transferred to his saving account for household expenses

• A percentage transferred to his children's college fund

• The remainder paid to him in another savings account for his expenses

Jim creates three different EFT payment methods: an EFT payment method for remaining pay, an EFT payment method with his checking account bank details, and an EFT payment method with the college fund bank account details.