This screen allows you to create and manage your Bizsoft HRM wallet which can be used to receive funds for salary payments. Once created, this wallet account number and bank will be displayed, and funds can be transferred to it just like you would any other bank account. 

Create Wallet

To create a wallet (this is done only once)

  • Navigate to People>Payroll>Wallet
  • Click on the Activate Wallet button and on the ensuing screen fill the form
    • Company Name: This is the name of the company which will be shown on bank transactions
    • Registered Company Number: This is the company number with the CAC
    • Incorporation Date: This is the company’s incorporation date
    • Company address: This is the company address registered with the CAC
    • Linked BVN: Provide any BVN linked to the company account
    • Contact Email Address: This is the email address where OTPs and bank transaction notifications will be sent
    • Company Telephone: This is the contact telephone number
    • One-Time Password (OTP) – Enter the OTP received via email after you click on the “Request OTP” button
    • Request OTP button: Click on this button to request an OTP. Note: You can request a total of 5 OTPs in 1 hour.
    • Save Button: Click this button to submit the form and create your wallet
    • Cancel Button: Closes the form without submission

Once the wallet is created, you will receive an email with a bvn verification link. Follow the instructions to verify the bvn and once this is done, the wallet will be ready to use. 

Manage Wallet

Once the wallet is created, you can view and manage the wallet details by navigating to People>Payroll>Wallet. This screen will now display the wallet information detailed below

  • Cleared Wallet Balance: This is the wallet balance that is available for salary payment
  • Fund Account: This is the wallet account number to be used for funding. Note the account is domiciled at VFD Bank.
  • Payee Name: This is the name which will be shown on bank payments (company name)

 

The list of wallet transactions are displayed, use the search fields to filter the transaction list.