Active Bank Accounts Subtask

Use this subtask to view the active bank account modifications made on the Manage Employee Bank Information screen. 

The fields in this table window are non-editable, and can be maintained on the Manage Employee Bank Information screen.

Contents

Field	Description
Transaction Type	This field displays the type of modification for the specific transaction displayed. The types are: A: Add transaction D: Delete transaction U: Update transaction
Employee	This field displays the employee ID for the employee whose Employee Bank Info record was changed.
Employee Name	This field displays the name that corresponds to the employee ID for this transaction.
Modified By (User)	This field displays the user ID (Costpoint login ID) of the user who made the modification shown in this transaction.
Date Modified	This field displays the date on which the modification took place.
Rank	This field displays the priority order in which the account receives funds. Rank 1 is the highest priority and rank 10 is the lowest. A rank number of 1 indicates that the line has first priority and the application processes it first when calculating the deduction from the employee's net pay
Bank	This field displays the bank ID for the bank account that receives this direct deposit payment.
Bank Name	This field displays the name of the Bank.
Bank Account Number	This field displays the employee's bank account number for the associated bank.
ACH Trans Type	This field displays the ACH transfer code, which determines the type of account and transaction to be made.
Account Type	This field displays Payroll if the account is for payroll deposits or HSA if the account is for health savings account (HSA) deposits.
Method	This field displays the method by which the Percent or Amount field is calculated. Valid values are: Percentage: This method specifies that a percentage of the net pay amount is to be deducted and deposited to the account specified. The percentage or amount displays in the Percent or Amount field. The application calculates the percent on the total net pay amount and does not consider any previously deducted amounts. You cannot enter total percentages over 100%. If there are not enough funds remaining to cover the percentage specified, the remaining funds are the amount of the deposit. Fixed Amount: This method specifies that a fixed amount is to be deducted and deposited to the account. The amount displays in the Percent or Amount field. The application deducts this amount from the net pay and deposits it. If not enough funds remain to cover the fixed amount, the remaining funds are the amount of the deposit. Residual: This method specifies that any remaining funds after prior deductions are deposited to this account. The Residual method must be the lowest ranked account (with Rank 1 being highest and Rank 5 being lowest). No Amount: This method specifies that no amount is deducted for this account. This method turns off any previously set up deposit amount.
Percent or Amount	This field is used in conjunction with the Method field. If the Method field is Fixed Amount, this non-editable field displays the amount allocated to the bank account. If the Method is Percentage, this non-editable field displays the percentage of net pay allocated to the bank account. For the Residual or No Amount Method, this field is 0.