How to manage payments and download bank statements

Modified on Thu, 21 Mar at 1:29 PM




On Keka, the Salary Transfer Statement, also known as the Bank Transfer Statement, is an authorization sent by the employer to the bank for transferring salaries to their employees' bank accounts. The statement contains a list of employees with their IDs, full names, bank account numbers, and the amount to be transferred. Once you've finished processing the payroll in Keka, you can generate the bank statement for all employees in a single batch or divide it into batches for specific groups of employees. 


Not all banks allow downloading statements every month. Every bank sets some limits over the period which a customer can download the statement.


 

Let's see how to manage payments and download bank statements.


Click on Payroll (1) and then, on Run Payroll (2), After choosing your pay group from the drop-down, click on 'Completed' months (3). Now, scroll down to find Payroll Outcome (4) and click on Manage Payments (5) under it. 




On the Employee Payables ... window that opens next, click on Download.




And that is how you can manage payments and download the bank statement! If you have any more questions, please go through the other articles or do contact us.

     

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