I am setting up my company payments and deductions. What is a
Display Item Only?
Any amount entered against a Display Item Only does
nothing. It is a figure you can use to print on payslips and
reports but it does not affect the payroll in any way.
The best example of a Display Item is Employer's Pension. You
may want to see the calculated amount but it does not affect the
employee's pay.
Why is the payment / deduction I have set up at company level
not coming through to the payroll?
If the payment/deduction was set up after the payroll was run
you need to click on the revert button in the payroll run to bring
it through. Remember, this will set the payroll back to before any
changes were made.
If the payment/deduction is still not coming through check what
the Clear to-date Totals option is set as in the company set up. If
it is 'When total is Zero' there needs to be an amount in the
'balance outstanding' field. This field is found on the
employee's payment/deduction tab by clicking on loan/aeo
settings.
How do I pay a Net to Gross payment?
There are two options in EARNIE IQ:
Net to Gross
Use the wizard to configure a net to gross payment. Enter the
amount of net you want the employee to receive in his pocket next
to this payment and it will gross it up for tax/ni purposes. This
payment could be used for an employee where you enter a net salary
each period.
Net to Gross Single
Payment
Use the wizard to configure a net to gross single payment. This
again converts the net figure into a niable/taxable gross, but this
time acts not on the pay for the period but on this payment
only.
How do I pay a net bonus?
Go to Company/Alter Payments/Deductions and use the wizard to
configure a net
to gross single payment. You can call this payment anything you
like, such as 'Christmas Bonus'. If you are comfortable not
using the wizard configure a new payment with a category of 'Net to
gross single payment'.
In the payroll screen for the employee(s) you wish to pay the
bonus to, click on the next available free line under the Pay/Ded
section. Choose the new net-to-gross single payment from the
drop down list.
Enter the amount of net bonus you want to pay the employee in
the 'Amount' field.
Preview the payroll and you will see the grossed up value of the
bonus under the payments section.
What is a Net to Gross payment?
A Net to Gross Payment is for when you want to specify a net
amount of pay the employee is to receive. EARNIE
IQ automatically works out the gross pay needed to pay the
required net value and enters the appropriate amount as a
payment.
A Net to Gross can only ever be a payment. There should be only
one Net to Gross Payment in your list. If you do have more than
one, it will be only the first one that works.
If I say yes to clearing down all my rates & payment /
deductions at year end will I have to set them all back up
again?
No. Clearing these down during the year end restart will only
zero the running totals for these in the to-date column of the
employees record. It will not clear out the actual values for
them.