SoCap Token
SoCap Token settlements
The module's monthly settlement: the app calculates the List 2 part of the salary and prepares the SoCap payroll export for payout.
You run SoCap Token settlements on a monthly cycle. For each period the app calculates the part of the salary assigned to the token and creates a SoCap payroll ready for payout.
Monthly cycle
- 1Select the settlement period (month).
- 2The app calculates the List 2 amounts for the employees covered by the module — in line with the SoCap model.
- 3You review the SoCap payroll summary.
- 4You export the list to a transfer file or PDF.
Export
| Format | Use |
|---|---|
Elixir .pli | A transfer file loaded into your banking system — bulk payout in a single import. |
| A summary for archiving and review. |
The transfer file structure and how to load it into the bank are covered on the Transfer batches page.
The SoCap payroll covers only the List 2 part. The base list (List 1) is settled separately in the payroll engine.
Related: Transfer batches (Elixir) · SoCap model · SoCap Token