Create Single Institution Transfer Definition

Explanation

This activity is used to create a deduction transfer definition for one institution. Such transfer is particularly useful if many employees have their deductions paid at one institution.

Prerequisites

In order to perform this activity, deduction types and institutions are required to be registered in the system.

System Effects

There are no system effects.

Window

Institution

Related Window Descriptions

Institution

Procedure

  1. Open the Institution window.
  2. Search or populate to find an institution for which you want to create a transfer.
  3. Go to the Transfer Definition tab and create a new record in order to start defining the transfer.
  4. In the Transfer ID field, specify a unique ID for the transfer.
  5. In the Bank ID field, specify the ID of the bank to which the transfer will be done. You can use the list of values.
  6. In the Account Number field, enter the account number for the bank to which the transfer will be done.
  7. Select a type of deduction for which the transfer will be done in the Transfer Source field. The options are as follows: Loans, Liabilities, Contributions and All - for all possible deductions and contributions.
  8. In the Payment Transfer Type field, select a method of transfer.
  9. Specify time frames for the transfer in the Period From and Period To fields.
  10. In the Path field, enter the file path and the name for the transfer file.
  11. Save the information.