Payroll Setting

How to Create a Payroll Schedule? #

 

PayPeople Makes payroll processing for your company simple and error-free. PayPeople payroll automates all wage computations, follows local regulations, and ensures that all regulatory requirements are met. You can schedule a payroll according to your own required time.

 

What you can do here:

  • Give the payroll schedule a name.
  • Set the pay period to monthly or fortnightly.
  • Set the dates:  Start date and date of salary payment.
  • Check box: Set the salary template default or hourly pay.

To create a payroll schedule

  • Go to Setup -> Pay-> Payroll Schedule 

 

 

  • Select “Create a new” in the top right corner.

 

 

  • Fill in the required fields that appear on the screen.

 

 

How to add Deductions? #

 

PayPeople also has a deduction attribute that allows you to apply various types of deductions to an employee’s salary. You can edit an existing deduction as well as create a new deduction.

 

What you can do here:

  • Give the deduction a name.
  • Calculate Amount: The payment will be deducted from the salary as a fixed amount or as a percentage of the salary.
  • Determine whether the deduction is taxable or not.

To create a deduction,

 

  • Go To setup > Pay > Deduction

 

 

  • Select “Add new Deduction” in the top right corner.

 

 

  • Fill in the required fields that appear on the screen.

 

 

How to add a Contribution? #

 

PayPeople provides an attribute of contribution in which you can enter the amount of contribution to the employee profile.

  • Give your contribution a name.
  • Set the amount or choose between a fixed or a percentage of salary contribution.

 

To create a contribution

 

  • Go To Setup > Pay > Contribution.

 

 

  • Select “Add new Contribution” in the top right corner.

 

 

  • Fill in the required fields that appear on the screen.

 

 

How to add Allowances? #

 

Different types of allowances can be added to an employee’s income using PayPeople. You can edit and reuse an existing allowance as well as create a new allowance.

 

What you can do here:

  • Allowance type: Set the sort of allowance you want to include in the employee’s pay.
  • Calculate Amount: The payment will be deducted from the salary as a fixed amount or as a percentage of the salary.
  • Determine whether the deduction is taxable or not.
  • Decide how much of an allowance you wish to provide your employees.

 

To create a new allowance,

 

  • Go to setup > Pay > Allowance

 

 

  • Select “Add new Allowance” in the top right corner.

 

 

  • Fill in the required fields that appear on the screen.

 

 

Salary Template #

 

Pay people have a salary template module that allows you to construct a Salary Structure with allowances, contributions, and deductions. It might be given to a single employee or to all of them.

 

What you can do here:

  • Give your salary template a name.
  • Different sorts of allowances can be added, such as fixed or percentage allowances.
  • Contributions and deductions can be added to a salary template.

To  create a salary template,

  • Go to setup > Pay > Salary Template

 

 

  • Select “Create a new” in the top right corner.

 

 

  • Fill in the required fields that appear on the screen.

 

 

  • Now assign the designed template to an employee in the employee profile.

 

 

How to assign Payroll Elements to Employees? #

 

It involves setting up the correct payroll elements, as well as ensuring that the correct amounts are applied to the employees pay slip or bank statement each month.

Manually Assign Elements #

 

  • Go to Team -> click on employee -> click on the top right corner on edit profile.

 

 

  • Click on Salary.

 

 

  • Assign Payroll Elements to employees.

 

 

  • Click on Add button.

 

 

  • Click on Save.

 

 

How to Import Payroll Elements? #

 

  • Go to Team -> Click on the top right corner.

 

 

  • Click on “Import Payroll Elements”.

 

 

  • Apply Employee Filters and download the format and enter your required data.

 

 

  • Upload the file and click on Import Data.

 

 

How to Update Data in Bulk? #

 

  • Go to Team -> Click on the top right corner.

 

 

  • Click on Bulk Update.

 

 

  • Click on Next.

 

 

  • Fill in the required fields.

 

 

  • Click on Save.

 

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