Banks are used to generate the payroll bank file / DAT file to be uploaded online for payroll crediting.
Here's how to add a new bank to your Sprout Payroll account.
1. Hover the arrow over Setup > Company then click Banks.
2. Click Add a New Record.
3. Fill out the fields as necessary: Name, Code, Account Number, Company Code, Presenting Office and Remarks.
4. Click Save.
5. Once done, it will now reflect on the dropdown choices of Banks in the Employee Profile.
You've just learned how to add a bank to your Sprout Payroll account. For questions and suggestions, please reach us at email@example.com.