Summary

These fields associate default deduction values with an Internal Company. If you enter an deduction, and the internal company is the highest level in the deduction transaction hierarchy, then PayGlobal uses the values that you enter on the Details form to create default settings for that deduction transaction.

Fields

Only the Deduction field is mandatory. Complete the remaining fields only if you require default values in deduction transactions.

Deduction:

Deduction linked to this internal company. The remaining values relate to this deduction.

Rate amount:

This value overrides standard rate amounts.

General ledger code:

Code that your general ledger software uses for this deduction.

Note: PayGlobal does not validate this free-text field.

General ledger description:

Description that your general ledger software uses for this deduction.

Bank account:

Bank account that deduction transactions are from.

Bank branch:

This system-generated field is based on the first few numbers of the Bank account.

Bank reference:

Rreference that appears for this deduction on the bank account holder's bank statement.

See also

General Ledger Hierarchy