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How do I change the method of payment?

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POWERpay>>Process Payroll>>Cycle Changes

Enter a PM  PAY METHOD CHANGE cycle change.

1.  To change to Payment by Cheque:  Entry Type should be K.

2.  To change to Payment by Bank:  Entry Type should be B.

2.  To change to Payment by Cash:  Entry Type should be $.

You are not allowed to use Entry Types C CHANGE and N NEW as an error will be returned.

Usually, 3 cycle changes are required for payment:

  1. P PAY PROFILE B BANK CHANGE           How do I change a Bank?
  2. P PAY PROFILE AC ACCOUNT CHANGE How do I change a Bank Account?
  3. P PAY PROFILE PM PAY METHOD CHANGE

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