Employee Payments
Use Employee Payments to reimburse employee expenses, pay employee advances, and set up direct deposit transactions for employee expense reimbursements.
When you pay the employee expenses in Employee Payments, you can generate any of the following forms of payment:
- Printed checks with a check stub
- Electronic funds transfer (EFT) transactions; these create a direct deposit advice form rather than a check and stub
- A .txt file or .xml file that contains the payment data for a third party to process instead of generating the payments directly in Vantagepoint (using the Export to Text option)
You can process payments in two ways:
- Automatically: The payment run includes expenses for all employees who match the criteria you specify.
- Manually: The payment run includes only those expenses that you specify.
- Related Topics:
- How to...
Before you process employee advances, you can review employee reports. Then you can print checks and post payments. You can also export payment information to a text file or a SEPA file. - Fields and Options (Payment Processing)
Process employee advances via the Employee Payments form. Use additional forms and dialog boxes to review cash requirements and control numbering, printing, and emailing.
Parent Topic: Cash Management