Overview of Loading Organization Payment Methods

An organization payment method defines the payment methods for a legislative data group. Payment methods specify a payment type, such as check or direct deposit, a source bank account, and other details.

Using HCM Data Loader, load at least one organization payment method for each combination of legislative data group, payment type, and currency.

To load an organization payment method, you define at least one payment source. If you load multiple payment sources, then you can create payment rules. The payment rules determine which payment source to use for each TRU and also validate or process the distribution of payments.

Create payment method rules with effective start dates on or before the start dates of other objects that refer to your payment method rule.

This figure shows the steps to create an Organization Payment Method.

1. Create an Organization Payment Method.

2. Load the payment sources to associate bank accounts and other sources of funds with it.

3. Define payment rules.