How Do I Set Up the Company Bank Accounts Used for Employee Pays and KiwiSaver?

Lightning Payroll lets you nominate separate bank accounts for paying employees and for paying KiwiSaver. You can maintain multiple bank account records and then choose which one is used for each purpose.

In the online (web/mobile) app

1. Go to Company >> Bank Accounts.
2. Use the Bank account for pays dropdown to select the account your employee wages will be paid from.
3. Use the Bank account for KiwiSaver dropdown to select the account KiwiSaver contributions will be paid from.
4. Changes save automatically when you select a new account from either dropdown.

Adding or editing bank account records

The table below the dropdowns lists all bank account records for the company. Use the table controls to add, edit, or delete records. When adding a new account, fill in the following fields:

• Bank ID ÔÇö 2-digit NZ bank identifier (e.g. 02 for BNZ, 06 for ANZ).
• Branch ÔÇö 4-digit branch number.
• Account ÔÇö 7 or 8-digit account number.
• Suffix ÔÇö 2 to 4-digit suffix.
• Account Name ÔÇö the name that will appear on payment files (up to 32 characters).

After saving a new account it will appear in the Bank account for pays and Bank account for KiwiSaver dropdowns so you can nominate it.

In the desktop app

1. Open Company >> Bank Account.
2. Select the appropriate account from the Bank Account for Pays dropdown.
3. Select the appropriate account from the Bank Account for KiwiSaver dropdown.
4. Optionally enter a Lodgement Reference ÔÇö this text appears on the direct entry payment file sent to your bank.
5. Use the table at the bottom of the tab to add, edit, or remove bank account records.

For information on the correct format for NZ bank account numbers, see What Format Should I Use For An Employee's Bank Account Number?