PAY RUN PROCESSING
Bank Transfer Support
Generate bank-format salary files from the approved register instead of rebuilding them in Excel, so payslips and credits share one source.
IN SHORT
What is bank transfer support?
Bank Transfer Support
Generate bank-format salary files from the approved register instead of rebuilding them in Excel, so payslips and credits share one source.
Pay Run Processing
The pay cycle from attendance lock to released payslips and bank file, across entities and work locations, with variance review and approval before release.
THE PROBLEM
What goes wrong without bank transfer support
These are the problems payroll teams run into when this is handled on spreadsheets and email.
The bank file is built by hand in Excel after payroll closes.
Payslip totals and the amount actually credited do not match.
Failed credits are found when employees complain, not from a report.
Account details are re-keyed every cycle.
HOW IT WORKS
Bank Transfer Support inside a BizzField pay run
BizzField runs payroll in five steps: lock attendance, draft the register, review variance, approve, release. Here is how this capability works inside that cycle.
Register-derived file
The transfer file is generated from the approved register, not assembled separately.
Format per bank
Output is formatted to the bank's own upload specification.
Reconciliation trail
Released amounts are retained against the cycle, so they can be matched to the bank statement.
BUILT FOR INDIA
Indian statutory rules, built into the cycle
PF, ESI, professional tax and TDS are calculated inside the pay run, and state rules follow the employee's work location.
PF wage ceiling
Employee and employer provident fund computed on basic wages, respecting the statutory monthly ceiling.
ESI eligibility
Applied to employees within the gross wage limit of ₹21,000 a month, with contribution-period rules handled across the cycle.
State-wise PT
Professional tax slabs resolved by work location rather than by registered head office.
TDS & Form 24Q
Projected annual tax spread across remaining months, with quarterly Form 24Q output.
QUESTIONS
Bank Transfer Support — Questions We Get Asked
Yes. Employees are grouped by the bank of their salary account, and a separate file is produced per bank, all from the same approved register.
The failed record stays visible against the cycle, so it can be paid again without reopening or recomputing the whole run.
Yes. Revisions, approvals and reversals are recorded in an audit trail with the user and the time against each action, so a closed cycle can be explained later.
FILES FROM THE APPROVED PAY RUN
Bank Files And Statutory Returns, Built From The Approved Register
What is paid, what is deducted and what is reported come from the same approved register, so the files are not rebuilt in Excel after the run.
BANK TRANSFER
Bank Salary Files
Key Capabilities
- Output formatted to the bank's own upload specification
- Formats for HDFC, ICICI and SBI
- A separate file per bank when employees bank with different banks
- Released amounts kept against the cycle for matching to the bank statement
The bank-format salary file is generated from the approved register, so the amount credited and the amount on the payslip come from the same source.
See Bank Transfer SupportSTATUTORY & ACCOUNTING
Statutory Return Files And Accounting Export
Key Capabilities
- PF ECR file produced from the pay run
- ESI contribution return
- Form 24Q assembled from the quarter's cycles, not re-keyed
- General Ledger export for Tally Prime and Zoho Books
The PF electronic challan-cum-return, the ESI return and quarterly Form 24Q are produced from the same figures payroll deducted. Submission stays with your finance or compliance team. Payroll can also export General Ledger data for Tally Prime and Zoho Books.
See Government ReportsCONTROL & AUDIT TRAIL
Approval Controls And A Named Audit Trail
A pay cycle is released through maker-checker approval, and every edit, override, approval, rejection and reversal is recorded against a named user and timestamp.
SEGREGATION OF DUTIES
Maker-Checker Release
Key Capabilities
- Preparer and approver are distinct roles
- Sending a cycle back to draft requires a reason that stays with the cycle
- Entities that need finance and leadership sign-off can add approval levels
The person who prepared the cycle is not the person who releases it, and both actions are recorded against named users.
See Approval WorkflowAUDIT TRAIL
Named Audit Log
Key Capabilities
- Every action attributed to a user, not a shared account
- Logs kept against the cycle they belong to
- A closed period can be reconstructed from its own log
Edits, overrides, approvals and reversals are written to the audit log against a named user and timestamp, so a closed cycle can be explained from its own record.
See Payroll Audit LogsKEEP EXPLORING
Related Pages
Other payroll capabilities teams usually evaluate alongside this one.
Employee Payroll Processing
Lock attendance, draft the register, review variance and take maker-checker approval before any payslip or bank file is released.
ExploreBulk Payroll Processing
Run the whole workforce in one cycle: bad rows are reported with a reason and one recalculation replaces employee-by-employee edits.
ExplorePayroll Approval Workflow
Keep the person who prepares a pay cycle from also releasing it, with every approval and rejection reason recorded.
ExploreMulti-Company Payroll
Run separate legal entities from one console, each with its own PF and ESI registration, approval chain and cycle calendar.
ExploreSee bank transfer support on your own payroll data
Book a walkthrough with our Kanpur-based payroll team and run a sample cycle on your own salary structure.