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Set Up a New Bank

This video takes you though:

  • Creating a new bank account
  • How bank acccounts are linked to employee records

Prefer to read the instructions instead? Read below...

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To pay wages by Electronic Funds Transfer (EFT) via internet banking, the employee’s bank needs to be set up and linked to the employee. Below are instructions to set up a bank.

To set up a bank record:

  1. In the Wagemaster Payroll software, click Setup > Banks

    image001.png

  2. Wagemaster will display a list of commonly used banks banklist.PNG
  3. If your bank is on the list, double-click it to open the Edit Bank Details screeneditbank.PNG
    • General tab: Edit detail as required
    • All other tabs: Leave as-is
  4. If your bank is not on the list, click Add image003.png
    • General tab: Enter banking details
    • All other tabs: Leave as-is
  5. Click Close to save the record
  6. Click Close again to complete the setup
  7. You will be returned to the Home page

 

Next Step: Setup your employees' superannuation funds

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