How To Process Or Pay Elements With Different Payment Methods Of Type Magnetic Transfer (Doc ID 2963092.1)

Last updated on JULY 26, 2023

Applies to:

Oracle Payroll - Version 12.2.10 and later
Information in this document applies to any platform.

While running Prepayments, the parameter 'Payment Method Override' gives the option to select only Cheque or Cash payment methods.

But how to use a specific Magnetic Transfer payment method to process elements?

Please refer the below example.

Payment Methods (of type Magnetic Transfer):
Pay A
Pay B

Elements:
Basic Salary - Recurring
Convenience Allowance - Recurring
Bonus - Nonrecurring

The requirement is to pay the regular elements Basic Salary & Convenience Allowance using 'Pay A' and adhoc element Bonus using 'Pay B'.

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