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How to Add a New Bank in Sprout Payroll

 Banks are used in generating the payroll bank file / DAT file to be uploaded online for payroll crediting. If you need to add a new bank to be recognized by the system, let's take a look at the steps below to find out how:  

  1. Hover the arrow over Setup > Company>Bank
  2. Click Add a New Record.
  3. Fill out the fields as necessary: Name, Code, Account Number, Company Code, Presenting Office, Branch code, Bank, Maximum Amount per File, and Remarks.

Click Save after filling out the fields.

Once done, it will be available in the drop-down choices of Banks in the Employee Profile.

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