OVERVIEW:
This job aid demonstrates how to add or change your Payment Elections (bank account) information.
NOTE: The visibility of sensitive information is controlled by individual users’ security profiles. Therefore, you may not have access to (all) the information within this Job Aid.
Keep in Mind: Changes may require the approval of a Payroll, HR Partner, or other areas before the process is completed.
STEPS:
1. Log in to your Workday account.
2. In the Search (upper left) window begin typing payment elections. Match results appear as you type. Select Payment Elections from the list. OR
From the Menu icon window on the home page, click the Pay icon.
3. When the Pay menu opens, in the Actions section click Payment Elections.
4. At Accounts click Add to add an account or Edit to the right of an account to update.
Keep in Mind: Fields marked with a red asterisk (*) are required. If others are required you will receive an error message.
5. At Account Information add or edit the baking information as needed.
6. Click OK
Keep in Mind: Once you have added your new bank account you must update the payment elections section before you can remove the old bank account.
7. In the Payment Elections section click Edit in the Payroll Regular line
8. Verify the following information:
a. Country: United States of America
b. Currency: USD
c. Payment Type: Direct Deposit
9. At Account choose Savings or Checking.
10. At Balance / Amount / Percent indicate payment allocation.
a. Balance = deposit all of check
b. Amount = deposit a specific dollar amount (if selected, must have a payment election for Balance)
c. Percent = deposit a specific percent (if selected, must have a payment election for Balance)
11. Click OK.
**IMPORTANT**
You may choose to allocate a certain dollar amount, a certain percentage of your pay, OR the remaining balance of your pay to this account. Your payment elections must total 100% across all accounts listed. (I.e. savings account is 10% & checking account is 90%).
**IMPORTANT**Keep in Mind: When you get an error the order of the new payment elections will need to be switched. Change the order, hit ok, and the error should go away.
