1. HCM Data Loading Business Objects
  2. Example of Loading Third-Party Organization Payment Method

Example of Loading Third-Party Organization Payment Method

Create payment methods to make payments to external organizations, such as pension providers or professional bodies. These payment methods include details, such as the type of payment and the bank account details.

Example

This image shows how you associate a third-party organization representing a Texas Court to a payment method. This enables the payment of child support deductions that are deducted through the payroll to be paid to the court. Also, you add a calculation card to an employee for the involuntary deduction for the child support payment.

This image shows how you can create payment method for third-party organizations and how the payment methods are processed in calculation cards.

Before You Begin

Do these steps:

  1. Create a third-party organization.

  2. Load the Organization Payment Methods for your payroll.

  3. Load the external bank account.

Load the External Bank Account

You can use the External Bank Account Owner component to identify the third-party to whom the account belongs to.

This example ExternalBankAccount.dat file creates an External Bank Account component and associates it with a third-party organization. 

METADATA|ExternalBankAccount|BankNumber|BankBranchNumber|CountryCode|AccountNumber|IBAN|AccountName|CurrencyCode
MERGE|ExternalBankAccount|100001A|111111A|CA|12345678|CA23 ANBK 3350 1234 5678 20|J and P Smith|USD
METADATA|ExternalBankAccountOwner|BankNumber|BankBranchNumber|CountryCode|AccountNumber|CurrencyCode|ThirdPartyNumber|PrimaryFlag
MERGE|ExternalBankAccountOwner|100001A|111111A|CA|12345678|USD|68299|Y

Use this dat file to associate a payment method with the third-party organization HDL_Texas_ORG and organization payment method Direct Deposit. Additionally, as the payment type is Direct Deposit, you load these bank account details.

Bank Account Component

Value

Account Number

1265896441

Bank Name

Bank of America

Bank Branch Name

New York

Routing Transit Number

511000025

Account Type

Checking

 
METADATA|ThirdPartyOrganizationPaymentMethod|EffectiveStartDate|EffectiveEndDate|LegislativeDataGroupName|TimeDefinitionCode|PartyNumber|BankName|BankBranchNumber|BankAccountNumber|BankCountryCode|OrganizationPaymentMethodCode
MERGE|ThirdPartyOrganizationPaymentMethod|2016/01/01||USA LDG||68299|Bank of America|511000025|1265896441|US|OPM_US_Nacha

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