Set Up the Optimum Order for Bank Account Transfers

  • by Dawn Burns, QA Manager, Howrey LLP
  • Brad Walters, Sr. Consultant
  • August 15, 2006
Ensure that your employees’ critical accounts are credited first when setting up multiple bank transfers for payroll.
Key Concept
An SAP system stores bank detail information on infotype 0009. Every employee must have a subtype 0 (main bank) account. A bank transfer allows the employer to transfer funds automatically to the employee’s bank. A check means that employees receive a physical check that the employer’s payroll department prints and physically distributes to them. Most employees elect a bank transfer (also called a direct deposit) and in some countries this is a mandatory requirement. However, other countries, such as the United States, allow employees to have the option of a bank transfer or a physical check.

Employees often ask how their various bank accounts are credited when they want to transfer funds to multiple bank accounts. Mostly this comes into play when they have a check with a small amount of money in it and find out that noncritical accounts are funded and the accounts in which they need the money are not.

This process isn’t identified in any existing SAP course. We’re going to show you how bank account transfer functionality works, including how validity dates determine the order in which your SAP system processes bank transfers. We’ll use two examples, one of an employee who elects to transfer flat amounts into several accounts and the other of an employee who wants to transfer percentages of his pay into the accounts.

Dawn Burns

Dawn Burns is an SAP-certified human resources senior consultant and Quality Assurance Manager and HR Consultant with Howrey LLP. She is a former SAP Human Resources instructor for SAP America and has more than 12 years of experience in human resources and information technology.

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Brad Walters

Brad Walters is a certified SAP HR consultant for Electronic Data Systems with more than nine years of SAP HR experience. His SAP work experience includes configuration and production support of PA/OM, Recruitment, Payroll, and ABAP development.

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