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 using the Personal Payment Methods task.

These scenarios illustrate how you can split up payments.

Use Fixed Amount Payments

An employee wants $100 deposited in their savings account each payroll period and the remainder paid through check.

In this case, the employee would use Self Service to do this:

1. Select a check payment method.

2. Select an electronic funds transfer (EFT) payment method for their savings account, and they set the amount to $100.

3. Set the processing order so the EFT payment is processed first.

When the employee decides to stop the transfers to their savings account, they remove that payment method.

Use Percentage Payments

An employee wants to contribute to the college fund they set up for their children. This person frequently receives bonuses and sales commissions, so their net payment amount always changes. So they use Self Service to add a payment method that allocates 4% of their pay to the fund. By using a percentage rather than a fixed amount, they can contribute to the fund at the same rate they earn.

Use a Combination of Payments

An employee works in Arizona, but their spouse and children reside in Texas. Each payroll period, they want the following disbursements.

• $900 transferred to their checking account for the spouse's household expenses in Texas

• A percentage transferred to their children's college fund

• The remainder paid by check for their expenses in Arizona

The person creates three payment methods.

• EFT payment method with their checking account bank details

• EFT payment method with the college fund bank account details

• Check payment method for remaining pay