Step 1 - Fill up the company information

Getting started with Swingvy Payroll is as easy as ABC. There are only 4 simple steps to ensure a smooth payrun:

Step 1 - Fill up the company information

Step 2 - Fill up and set up the payroll details

Step 3 - Fill up and upload the employes’ information

Step 4 - Fill up and upload the employees’ history data

In this series of articles, we'll take you through the details needed for setting up the Payroll module.

To get started, head over to Payroll > Settings > Company details, you can click on 'Edit' to fill in the information.

Company details

Under company details, you can fill in your company information such as:

- Company name

- Address

- Phone

- Representative

- Company registration number

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Note:

1. Company name, Address & Company Registration No. will be displayed in the payslips and the statutory reports.

2. Other than the administrator, the Payroll Representative can be assigned to one of the active employees.

Bank information

The bank information is mandatory to auto-generate the bank file upon payroll completion. You can upload the bank file into the bank portal to process payments for both employees’ salary and statutory bodies.

Under this setting, you can select the bank name for the payroll payment transaction (the compatible bank file will be generated upon payroll completion). For some banks, you will be required to enter specific information for the banks.

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Note:

At the moment, Swingvy bank files only support DBS, UOB, OCBC and Maybank.

Singapore bank and branch code guide

Bank Name	Branch Code	Account No (Example)	Bank File Format	Remark
DBS	005	0052312891	GIRO	Usually 10-digit account number Use the first 3 digits of the account number as the branch code Example: For account 0052312891, the branch code will be 005 (Account number will remain as 0052312891) The "Sender's Company ID" refers to the Company ID given by DBS to login to DBS IDEALTM. All alphabet characters should be in capital letters.
OCBC	550	1089550	GIRO	Length of account number varies Use the first 3 digits of the account number as branch code Drop the first 3 digits of the account number for the account number field Example: For account 5501089550, the branch code will be 550 and the account number will be 1089550
UOB	030	9102031012	BIBPlus	10-digit account number Use the first 3 digits of the account number and refer to Appendix A to retrieve the corresponding branch code. Example: For account 9102031012, use 910 to refer to Appendix A to retrieve the branch code 030 (Account number will remain as 9102031012)
Maybank	N/A	1234567890	BIB APS+	10-digit account number
POSBank	081	084102395	GIRO	9-digit account number POSBank now operates as part of DBS Bank. Use 081 as branch code for all POSBank accounts and select DBS Bank instead.
Standard Chartered	018	1803645852	N/A	10-digit account number Use ‘0’ + 1st two digits of the account number as branch code Account number: the full 10 digit account number
HSBC Corporate	146	172002492	N/A	Length of account number varies Use first 3 digits of Account No as Branch Code Drop first 3 digits of Account No for the Account No field Example: For account 146172002492, the Branch Code will be 146 and the Account No will be 172002492
SBI	277	67012518738	N/A	Length of account number varies Use first 3 digits of Account No as Branch Code Drop first 3 digits of Account No for the Account No field Example: For account 27767012518738, the Branch Code will be 277 and the Account No will be 67012518738

Statutory information

The two statutory information requires are the CPF submission No. (CSN) and the IRAS tax No.

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Note:

Example CPF submission No. (CSN): 999999999A-PTE-01

Example IRAS tax No.: 999999999A

Once you've filled in the company details, you can go ahead and fill in and set up the payroll details.