DEFINE BANK LOCATIONS#
Bank Locations are all of the banking institutions that the organization deals with directly or indirectly.
The Define Bank Locations (IPBL) form provides information about the financial institution branches where the organization’s banking is transacted and where the employee’s pay may be deposited.
The information entered in this form will be used to set up the employer’s banking information in the Bank Accounts (IPBA) form and the employee’s banking information in the Payment Method (IPPM) form.
Bank Location data is stored in the P2K_PR_BANK_LOCATIONS table.
- Bank Name
- This field holds the recognizable name or short form of the name of the bank. You may want to include part of an address (e.g. city or street name) to distinguish the different branches.
- Transit Number
- This field stores the banking transit number which uniquely identifies the branch within the banking system.
- ABA Number
- For U.S. Installations: Also known as the Bank Fraction number.
- Country
- This field displays the bank’s country of origin.
- EFT Accepted
- If this toggle is set to ON, the system will acknowledge that the bank accepts Electronic Fund Transfers (direct deposits) and transactions attached to this bank will be included in the deposit interface file. If this toggle is set to OFF, any transactions attached to this bank will not be on the deposit interface file.
- Contact
- For information purposes the name, phone number and fax number of the bank contact may be entered in this field.
- Phone
- This field holds the main phone number where the contact may be reached.
- Ext
- If applicable, you may record the phone extension of the contact.
- Fax Number
- This is the fax number for the contact.
- Address 1
- This field displays the street address of the bank location.
- Address 2
- This field holds the PO Box #, or Suite # of the bank location.
- Locality
- ‘Locality’ refers to the city, district or township of the bank location.
- State/Prov
- This field holds the state or province code’s standard abbreviation for the bank location.
- Zip/Postal
- U.S.A.: Zip code. Canada: Postal code.
