You submit employee and payment details to the bank in the form of a bank transfer file.
The application provides you with three formulas to set up the payment file. These are:
FI_EFT_HEADER
FI_EFT_BODY
FI_EFT_FOOTER
Record the available formula details to the payment method.
Note: You must use the payment type FI Direct Deposit - EUR.
Run the payroll process.
Run the pre-payment process.
Submit the EFT request using the Submit Request window.
View the output of the EFT file.