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Bank transfer in India payroll

Former Member
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Dear All,

I need to understand the concept how bank transfer is being made during payroll.

Regards,

Kumar

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi Kumar,

You can transfer the Pay amount in to corresponding bank account by using the DME prog. You need to set the settings in the Bank Details Infotype IT 0009, System will take in to account based on that setting, whether Bank transfer or Cheque or Cash.

RPCDTAx0 - Preliminary Prog for DME

RPCEDTx0 - DME prog.

You need to run these programs, to do the Bank Transfer.

Vendor Account, is nothing but the third party remittance, to whom you have to pay, we need to assign the WT to Vendor Account through Symbolic Accounts.

Good Luck

Om

Answers (1)

Answers (1)

Former Member
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hi

The bank transfer is done when the employee's salary is directly credited in the bank account.

Then the necessary details is filled in the infotype ( 0009 ) its the bank details infotype, here you will give the bank key, bank account number and the payment method ( T ) tht is Bank transfer.

Regards,

K.Manoj

Former Member
0 Kudos

Hi Manoj,

Its cleare me now, but can you put some light on employee vendor account/fix vendor account.

above is the part of bank transfer, every company has diffferent strategy to handle it..

Regards,

Kumar

Former Member
0 Kudos

hi

actually vendor means when you pay some thing to other person then that other person becomes the vendor.

in payroll when you pay salary to the employee then that employee is called vendor and that employee salary is credited to the bank account.

that is called employee vendor account.

the above information is per my knowledge so i dont claim that correct or it may

not be incorrect also.

Regards

K.Manoj

Former Member
0 Kudos

thanx manoj..