In this article we introduce Modulr Accounts Payable's Payroll Payments, integrations and compatibility with payroll softwares and how to pay staff.
Accounts Payable simplifies the payroll process, eliminating the need for manual entry of employee payment details into your bank account or the use of spreadsheets. This guide outlines how Accounts Payable facilitates payroll payments, including integration with Xero Payroll and compatibility with other payroll software through payment file uploads.
Integration with Xero Payroll
Accounts Payable seamlessly integrates with Xero Payroll, automatically displaying posted pay runs in your Payroll Runs tab. This integration streamlines the payroll process, making it efficient and less prone to error.
Compatibility with Other Payroll Software
Accounts Payable is also compatible with any payroll software that can generate a BACS Standard 18 payment file format. For users with alternative payroll systems, Accounts Payable accepts this standard format, ensuring wide compatibility. Here is a list of Payroll software providers that export this payment file type, and guides on how to export the payment files:
BrightPay
Etc.
Alternative Upload Options
If your payroll software does not support the BACS Standard 18 format, Accounts Payable offers a CSV upload template. This template allows you to import payroll payment data manually, ensuring flexibility regardless of the software you use.
Reviewing and Processing Payroll Runs
Once a Payroll Run is in Accounts Payable, you can:
- Review the Run: Ensure all bank details for each employee are correct. Accounts Payable's confirmation-of-payee check can assist in verifying these details.
- Schedule or Pay Immediately: You have the option to schedule the Payroll Run for payday or, if necessary, pay employees immediately by disabling the scheduling feature. Accounts Payable conducts a final confirmation-of-payee check before payment, providing additional assurance of the accuracy of bank details.
Final Steps and Accounting Integration
After payment:
- Accounts Payable sends a bulk payment to your accounting software, automatically reconciling the transaction.
- This bulk payment feature is designed to protect payroll data privacy, preventing unnecessary exposure to staff members who have access to the accounting software but do not need to see salary information.
Conclusion
Accounts Payable's payroll payment management tools offer a streamlined, secure, and flexible solution for businesses. By integrating directly with Xero Payroll and offering compatibility with other payroll software, Accounts Payable ensures an efficient payroll process. With features like confirmation-of-payee checks and automatic reconciliation with accounting software, Accounts Payable not only simplifies payroll management but also enhances the security and privacy of sensitive payroll data.