Payroll Setup > Company Setup > EFT Settings

SimplePay allows you to download a file containing all the information needed to make EFT salary payments to your employees in bulk. This file can then be loaded into special software provided by your bank, or into internet banking, in the case of certain banks.

Before you can download this file, you have to enter your EFT settings. Go to Settings > EFT Settings. Click on the drop-down menu next to Eft format to select an EFT export format. Then complete the rest of your Bank Account Details and click Save.

FNB clients please note: For Enterprise Online Banking, please use the “FNB Enterprise CSV” option. For personal Online Banking (with an OTP), please use the “FNB Online Banking (ACB)” option.

After you have entered your EFT settings, you can download the payment file. Go to Payment Runs and click on the EFT icon on the right of your payment run (next to the PDF and Excel icons). Ensure that the Action Date is correct and click on Download.

The file that is generated can then be uploaded to your bank.

 

You are using the help system of SimplePay, a payroll system that simplifies the payroll process. Designed just for South Africa, it's a fully online solution. Read more.