`The Chartered Institute of Payroll Professionals
News On Line
Useful bank holiday payment processing tips: • Make sure you download the latest version of the Pay.UK processing calendar and share it with colleagues, who may benefit from a quick reference guide
• Plan ahead and submit your payment files in advance
• Double check that you have submitted the files with the correct processing dates, and ensure your software reflects Bacs non-processing days
• Ask a colleague to review the submission dates – just in case
• With fewer staff available over holiday periods, make sure you have a back-up plan to cover any planned or unforeseen absences
• As many workplaces are still operating with staff based remotely, now might be a good time to review whether all those who may need to submit payment files have the equipment and access they require
• Remember that Direct Debits due on bank holidays should be collected on the next working day.
You can get more information from bacs.co.uk and wearepay.uk.
Back to contents
cipp.org.uk
Page 156 of 238
Made with FlippingBook - Online magazine maker