The following are some of the questions that we often encounter:
How do we see our employee’s individual bank payments made through the bank file?
How do I tally the bank file amount?
What's the process for viewing the individual bank transactions for each employee that were processed through the bank file?
Below, you'll find responses to frequently asked questions that we often encounter.
Trying to figure out where to see your employee’s individual bank payments made through the bank file on the report?
We've just included a "Bank Payments" tab in our Payroll Report that you can download from the Month Total page in Talenox as a new feature.
How to Download Payroll Report and view the Bank Payments Tab?
You can download a Payroll Report by heading to Month Total > Export Bank Payments / Reports > Payroll Report (.xlsx):
What will the Bank Payments tab Show in the Report?
This new tab in the payroll report will help you with tallying the bank payment amounts showing during the download - including reconciliation amounts:
The 'Bank Amount' column amounts showing in the Bank Payments tab are based on the amounts that have been downloaded in the bank file.
'Net Payable' column amounts are the full amounts to pay out to employees in the payroll month.
NOTE #1: Do take note that this tab will only be displayed after bank files have been exported from the system for the payroll month.
NOTE #2: 'Net Payable' column amounts showing might differ from 'Bank Amount' due to several situations:
Not all bank file amounts have been downloaded from the system yet for the employee.
Employee has some payments paid out to them using the 'Cheque' method for the payroll month.