What do you mean by bulk payment?

In fact, batch payment is a function of the payment company, which mainly provides payment and commission payment for users. The payment company uses its own computing convenience, relies on the business system, accepts the entrustment of the client, and handles the payment business on its behalf.

Agency payment refers to the business that the payer transfers money to the target account through the agency payment system after providing the relevant bank account information and corresponding funds of the payment target. Batch business is a business that is handled uniformly within the specified time after the business hours of bank counters are over.

1. Bank SMS informs the paying bank customers of the payment, which means that the bank pays the payment to the payment object, and the users who receive the payment will receive the words "income on behalf of the payment" by SMS. I received a text message saying that the bank had transferred the income to the account, which should be the reimbursement money. Payment on behalf of customers means that after authorization, payment services with the same or similar payment methods are completed in batches on behalf of customers.

Receipt and payment on behalf of customers refers to the business that commercial banks use their own settlement facilities to accept the entrustment of customers and handle the receipt and payment of designated funds on their behalf after the authorization of customers. The typical case of batch payment service is that enterprises pay employees' wages through banks. The process is that after the three parties sign the contract, the enterprise will hand over the employee's name, bank card number, salary amount and other information to the bank, and at the same time allocate the total salary payable to the employee.

Second, the bank message tells the customer to pay the income on behalf of a bank, and the user who receives the money will receive the text message "Pay the income on behalf of". I received a text message saying that the bank had transferred the income to the account, which should be the reimbursement money. Payment on behalf of customers means that after authorization, payment services with the same or similar payment methods are completed in batches on behalf of customers.

Three. Accounting for collection business

The following is a brief introduction to the accounting procedures for the collection of fines and confiscations by administrative institutions.

(1) Handling of business outlets

1. The punished person shall fill in payment vouchers such as transfer check or pay cash.

2. After receiving the payment according to the penalty notice, the handling personnel shall fill in or forge the receipt for collecting the penalty, and withdraw the money within the time limit stipulated in the agreement. The accounting entries are as follows:

Debit: unit demand deposit-×× account (or cash, deposited in the reserve of the central bank)

Loan: other payables-transfer account for collecting fines.

3. When drawing the fine, fill in the special transfer debit voucher and internal transfer receipt as debit and credit bookkeeping vouchers respectively, and go through the transfer formalities. Its accounting entries:

Debit: other payables-transfer account for collecting fines.

Loan: current sub-branches within the jurisdiction-current unit households.

(two) the handling of the jurisdiction bank (remittance bank)

Fines directly collected and those extracted from business outlets are recorded in the subject of "financial funds to be settled".

The accounting entries for collecting fines and turning them over to the state treasury are as follows:

Debit: financial funds to be settled-fine income reported on behalf of-×× households.

Loan: deposited in the central bank reserve (or xx account).

The jurisdiction bank shall regularly settle the collection fees with the financial department.