ABA file is used by all major Australian financial institutions to specify payments to be made from one bank account to one or more bank accounts.
The most common way for employers to pay employees is via an ABA file which can be generated through Payroo. Once you have your ABA file, it’s usually a simple matter of uploading it to your business internet banking portal and authorizing the payments.
Setting up your business to generate an ABA file
Before you can generate an ABA file, you need to first set up the bank account settings for your business using the following steps:
Step 1: Select "Settings" from the main menu.
Step 2: Click on "Payroll " and Select "Banking" under "Settings".
Step 3: Fill in the "Bank Account Details" as per the image below.
Note: Before filling in the details, please refer to what each of these fields means at the end of this article after Step 5.
Step 4: Click on "Save" to update the changes.
Once you’ve filled in the Bank account details click 'Save' and you will now be able to generate ABA files from within your pay runs.
Step 5: You will now be notified with a message "Updated Settings".
What is each of these bank account settings for?
BSB Number: The BSB number of the account that payroll payments will be made from.
Account Number: The Account Number of the account that payroll payments will be made.
Account Name: The Account Name of the account that payroll payments will be made.
Institution Code: The official 3 letter abbreviation of the financial institution that the bank account that payroll payments will be made from e.g. the official Westpac Bank code is WBC. The rest of them can be found in the screenshot below.
APCA Number: This is a 6-digit number provided by your bank. If you’re not sure what this number is, you’ll need to contact your bank. It’s often listed on their website and for some banks such as the ANZ, you can provide any 6-digit number (such as 000000).
Note: For Commonwealth Bank, use 301500.
For Westpac, use 037819 or contact Westpac for your Corporate ID.
For ANZ and NAB, use any 6-digit number.
Otherwise, please contact your bank to confirm this ID.
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