Bank Payment Type

For security reasons, with salary wage payment, a socalled salary flag will be transmitted to the bank (visible only in the background). I.e. the payment is reported as salarye payment. This salary flag will be mainly set so as that during the data transaction via third-party software (e.g., via Mammut, etc.), the unauthorized employee cannot see salary payments in Details by mistake.

If the account is NOT opened using the salary recipients’ name, the actual data of the account holder must be obligatorily recorded under the Beneficiary’s name and Beneficiary’s address. Otherwise, the responsible banking institution cannot properly allocate such payment. So far, we have removed the salary flag in this case, since for these beneficiaries this concerns mostly pro rata payments to debt enforcement agencies and collection companies.

In exceptional cases, the bank account can be in name of, for example, a husband of the salary recipient. In this case, the wage flag should be also set, although the husband’s data must be recorded under Beneficiary.

Under Employee banks you will find the field Bank payment method with the following options:

Standard	This value is set automatically. I.e. the salary flag is set when NO data is recorded for Beneficiary. NO salary flag will be set when an entry is recorded for Beneficiary (as previously done).
Salary	A wage flag will ALWAYS be set, even when there are records under Beneficiaries (special case, if the account is in the salary recipient husband’s name).
Residually	The salary flag will be ALWAYS removed, even if no records are found under Beneficiary (rarely used).