Disbursement (payment batch)
Turning an approved run into a bank payment batch, then a NIBSS file, then reconciling.
Disbursement is how an approved payroll run becomes actual payments. The system creates a payment batch (one line per employee, split across accounts if configured), it is approved (by a second person if Payroll controls are switched on), you download the NIBSS file for your bank, and then you reconcile each line as paid, returned or failed.
Related terms
See it in practice
The payroll run lifecycle, explained
Run, review, approve and lock, pay, remit, then roll over. The same flow every month.
Read the variance report
Compare this run to last period and catch a silently-wrong payroll before you approve.
Set up salary structures & pay elements
Define what people earn once, assign it in bulk, and override per employee where needed.
See it applied to real payroll
Vintage People applies these statutory rules on every run, with a full audit trail.