Payment Methods During Global Transfer
Payment methods indicate the method of payment, such as cheque, cash, or credit. These payment methods associate a source bank account with each such payment type.
During a transfer, the application automatically copies the payment methods from the source payroll relationship to the new payroll relationship.
Personal Payment Methods
When a global transfer results in a new payroll relationship, the application automatically copies the personal payment methods. The application copies the personal payment methods from the source to the target payroll relationship subject to a valid organization payment method at the target payroll relationship.
Personal Payment Start Date |
Personal Payment End Date |
Copy Status |
---|---|---|
After global transfer |
NA |
Copied |
Before global transfer |
After global transfer |
Copied |
NA |
Before global transfer |
Not Copied |
Considerations for Organization Payment Methods
Although the same organization payment method is used for all payroll definitions within a legislative data group. It's possible that you may have defined separate organization payment methods for each payroll. In such cases, if the global transfer involves a change of payroll, the organization payment methods on the old payroll don't apply to the new payroll.
For example, Priya Krishnan is global transferred from the payroll CA Semi-Monthly on to a new payroll CA Biweekly. Her previous payment method used the organization payment method Semi-Monthly Cash, in this case the copy logic would try to find an organization payment method of same payment type cash within the new payroll.
Condition |
Source Organization Payment Method |
Target Organization Payment Method |
Copy Result |
---|---|---|---|
When the source organization payment method is valid on the target payroll |
Vision Cash |
|
Personal payment method copied as Vision Cash |
When the old organization payment method isn't valid for the new payroll but just one organization payment method of the same payment type exists on the new payroll |
Biweekly Cash |
|
Copies the payment method and switches the organization payment method to Semi-Monthly Cash |
When the organization payment method isn't valid for the new payroll but multiple organization payment methods of the same type exist on the new payroll |
Vision Direct Deposit |
|
Not Copied |
When no organization payment method exists on the target payroll for the same payment type |
Vision Cash |
|
Not Copied |
Third-Party Payment Methods
You can use third party payment methods to process payments to external organizations and people. These payment methods aren't restricted to a single payroll relationship as compared to personal payment methods. However, if the third-party payee is a person, you should link the payment method to the new payroll relationship of the employee. You don't have to link the payment method if the third-party payee is an organization. The application links payment methods for the third-party person to the new payroll relationship if the organization payment method is valid for the new payroll.