Recent updates
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How do I enter an account number to which a deduction should be applied?
Updated onArticlePayroll Management Cycle Changes Cycle Changes Records: Deductions
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How do I name a payee to which a deduction should be sent?
Updated onArticlePAYEES are the financial institutions to which any type of deduction is remitted.
Payroll Management Cycle Changes Cycle Changes Records: Deductions
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How do I duplicate goals to be used in the appraisal process?
Updated onArticleThis option should only be used if you need to duplicate prior goals. For example, goals that were not accomplished in the previous financial year, can be duplicated and brought forward to the current period. The goals can then be edited for the current period. Employees may be appraised on goals accomplished.
Talent Management Appraisals Setup - HR Events
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How do I set the Employee Appraisals event type to be visible?
Updated onArticleThe Employee Appraisals event type must be set to 'show' in order to set up employee appraisals.
Talent Management Appraisals Setup - Event Types
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How do I update an employee's Personal Allowance (Trinidad and Tobago)?
Updated onArticleThe Personal Allowance amount granted to an individual is determined by the Law of the Land and may change each year.
Payroll Management Payroll Set Up Payroll Codes
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How is the Social Insurance (Bermuda) deduction rule implemented in HRplus?
Updated onArticleThe Social Insurance (SI) is contributed by both employee and employer equally. The employee is required to contribute $1826.91 annually. The employer is also required to contribute $1826.91 annually. The total annual contribution is $3653.82 for the 2016/2017 contribution year from August 2016 to July 2017. The contribution is made on a weekly basis - weeks are determined by the Mondays of the week. The weekly contribution is $34.47 per week (per Monday) for the employee as well as the employer each, of the pay cycle. In a month with 4 Mondays, the contribution should be $34.47 x 4 = $137.88 for the employee and similarly $137.88 for the employer. This equals a total contribution of $275.76. In a month with 5 Mondays, the contribution should be $34.47 x 5 = $172.35 for the employee and employer each for a total contribution of $344.70. For a 4-week month, the amount to be remitted to the Social Insurance Board is 275.76 for both the employer and employee. For a 5-week month, the amount to be remitted to the Social Insurance Board is $344.70 for both the employer and employee.
Payroll Updates By Country Bermuda Payroll - Bermuda
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What is the purpose of the TD1 Form (Trinidad and Tobago)?
Updated onArticleThe Tax Declaration (TD1) form is provided by the Board of Inland Revenue to persons with approved contributions for the various categories of allowable deductibles. This includes: Alimony Pension Allowance Annuity Mortgage Allowance Personal Allowance Child Maintenance The TD1 informs the payroll administrator of any additional taxable allowances to be entered for the employee to ensure that the Pay As You Earn (Trinidad and Tobago) tax is calculated correctly from the first cycle of the year that the person is paid.
Payroll Management Statutories Statutories
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How do I update an employee's Personal Allowance (Trinidad and Tobago)?
Updated onArticleWhen a new employee is hired or employees are uploaded onto HRplus, the Personal Allowance must be entered as a cycle change for all required persons, ideally in the first cycle in which they are being paid. However, if the Personal Allowance is entered in a subsequent cycle the payroll will still recover the correct calculation of the tax.
Payroll Management Statutories Statutories
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What is the order of calculation for statutory deductions?
Updated onArticleThe order of calculation (which statutory deduction is calculated first, second etc. by the payroll) is determined by the numbered setting on the Pay Group Statutory Link (POWERpay>>Maintenance>>Statutory Deductions>>Pay Group Statutory Link).
Payroll Management Statutories Statutories
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How do I enter/change other income for bi-monthly payrolls?
Updated onArticleBi-monthly payrolls are processed twice per month and will have 24 pay cycles (odd and even) in a year. For example, for the year 2018, a bi-monthly pay group may have pay cycles as follows (only the first 6 are shown): Pay Cycle 1 1st January 2018 to 15th January 2018 (odd) Pay Cycle 2 16th January 2018 to 31st January 2018 (even) Pay Cycle 3 1st February 2018 to 15th February 2018 (odd) Pay Cycle 4 16th February 2018 to 28th February 2018 (even) Pay Cycle 5 1st March 2018 to 15th March 2018 (odd) Pay Cycle 6 16th March 2018 to 31st March 2018 (even)
Payroll Management Cycle Changes Cycle Changes Records: Other Income