How to pay employees direct from myob
I would like to pay employees direct from myob electronically but it is asking for a ABA which I don’t know what that is When I click on a employee it just tells me to close and won’t process if s...
Forum Discussion
Hi jodieL2,
Paying employees electronically is really great as it gives a seamless process. To pay your employees electronically through MYOB, you'll need to create an ABA file, which is a specific type of bank file used for electronic payments. Here's a simple guide to get you started:
- Set Up Electronic Payments: First, you'll need to set up electronic payments in MYOB. This involves linking your bank account for electronic payments. You can do this by going to Accounting > Linked Accounts > Accounts & Banking tab and ensuring the bank account is set up for electronic payments.
- Prepare the ABA File: Once your electronic payments are set up, you can prepare the ABA file. Go to Banking > Prepare Electronic Payments, select the bank account you set up earlier, tick the pay transactions you want to include, and click on Download Bank File.
- Upload to Bank Portal: After downloading the ABA file, you can upload it to your bank's portal to process the payments.
You can also check this link here for more information to assist with this.
Best regards,
Doreen
