Bank Account Approvals Uptake In Global Payroll Interface Template
You can use the new bank account Approval Status attribute delivered in the enhanced Global Payroll Interface template to filter bank accounts based on their approval status or to report the bank account approval status for third-party payroll systems to use in payments processing.
The bank account Approval Status attribute can be found under Bank Account Information record in the Global Payroll Interface template.
Bank Approval Status
NOTE: If you are already using an interface generated using the Global Payroll Interface template, you have to regenerate the interface using the enhanced template after uptaking this patch to use the Approval Status attribute.
Ensures payments are made to approved bank accounts thereby reducing the number of payment failures.
Steps to Enable
You don't need to do anything to enable this feature.