How do I cancel a Direct Transfer¶
The Cancel Current Period EFT, records an EFT as being cancelled. Cancelled EFT payments allow modification of the pay and the creation of the EFT with different amounts.
Important
You should only cancel an EFT if the file has not been processed by your bank.
This screen will display a list of direct transfers that have been processed in the current fortnight. Select the desired EFT and cancel the direct transfer.
This option is most commonly used where an employee’s pay has been incorrectly calculated and the direct transfer file has been created but not sent to the bank. This process will remove the direct transfer, allowing for it to be generated again from the Edit Pay step forward.
| Show Details: | Will display each individual employee paid with this DDT. |
|---|---|
| Cancel Selected: | |
| Will remove the Direct Transfer allowing it to be re-generated. | |
Warning
If the original EFT has already been sent to the banking institute, deleting and generating again may accidently send the same pay to the bank twice. Ensure that original file has not been sent to the bank before running this process!
On completion of this process the employee’s pay will need to be edited.
Reprint the complete working journal and save as PDF
Create the new DDT file
Complete all usual processing as per your Payroll Checklist and Payroll Procedures.