Cycle Changes - How do I enter an employee's Personal/Taxable Allowances?

Updated on May 31, 2022

POWERpay>>Process Payroll>>Cycle Changes

Enter EITHER a P PAY PROFILE PA PERSONAL ALLOWANCES... OR a P PAY PROFILE TA6 TAXABLE ALLOWANCES...cycle change.

ENTER ONLY ONE (1) RECORD: DO NOT ENTER BOTH RECORDS!

An employee's Personal/Taxable Allowance is stipulated by the Government of Trinidad and Tobago and is subject to change from year to year.

Introduction and Key Concepts 3

Organisation Setup 9

Set Up Payroll Codes 12

Statutory Deductions 14

Tax Allowance Breakdown 9

Pay Cycles 3

Business Rules 14

Positions 2

Employee Data 5

Payroll Processing: Cycle Changes 15

Payroll Processing: Employee Transactions 12

Process Payroll - Fixed Data Imports and Smart Entries 2

Payroll Run 5

Process Payroll - Out of Cycle 3

Reports 7

Statutory Reports 5

Payroll Adjustments 1

Year End Adjustments 1

Year End Close 7

Payroll FAQs 5