Payroll Runs and Disbursement
Adding 13th Month Pay into an Employee's Final Pay
One of the pay items being released together with an employee's Final Pay is the 13th Month Pay. To Add the 13th Month Pay of a terminated employee: 1. Once you are on the page of completing an employee's termination, scroll down below and find the ...
Attendance Period vs Payroll Period
Organizations follow specific periods when processing and disbursing their employees' pay. Most companies stick with the same payroll and attendance period, while others have a different payroll period from their attendance period. A payroll period ...
Multiple Download of Payroll Registers
Payroll Register is a report that shows all relevant pay details of a Payroll Group during a specific pay period. The payroll details of all employees are consolidated and can be downloaded in one single spreadsheet in CSV format. The file is ready ...
Disburse Payroll
There are different ways how a Payroll can be disbursed to your employees. It can be released through the following methods: Cash Cheque Major Local Bank SALPay Cash and Cheque Disbursements For Cash and Cheque payments, you may download the Payroll ...
Close Payroll
A Payroll should be closed before running the disbursement. A closed payroll indicates that the computation is already complete and final. In case a payroll needs to be updated, changes in the Time and Attendance as well as other payroll-related ...
Generated Payroll Guide
Payroll Summary Gross Pay Total Gross Pay of all employees in the Payroll Group Net Pay Total Net Take Home Pay of all employees in a Payroll Group Total Deductions Total Amount of Deductions of all employees in a Payroll Group Total Contributions ...
Single Download of Payroll Register
Payroll Register is a report that shows all relevant pay details of a Payroll Group during a specific pay period. The payroll details of all employees are consolidated and can be downloaded in one single spreadsheet in CSV format. The file is ready ...
Delete Payroll
Only computed payroll on Draft and Open status can be deleted instantly. However, a payroll on Close status can be changed to Open and can eventually be deleted. Payroll with Disbursed status can no longer be deleted because a disbursement ...
Regenerate Payroll
If there are adjustments done with the time records or allowances that were not included prior to the generation of payroll, they can be regenerated. Payroll can be regenerated if the status is Open. In case a Closed payroll that has not been ...
Add Gap Loan
A Gap Loan is a loan option given to companies using Salarium which allows them to set a Minimum Net Take Home pay for their employees. When the calculated Net Take Home Pay of an employee is less than the set amount, the company will automatically ...
Generate Final Pay Run
Generating Final Pay Run can only be done once an employee is tagged Terminated in the employee records. If this action is not done, the names of the employees that should be included in the Final Pay Run will not be listed properly. How to Add ...
Generate Special Pay Run
Special Pay Run is intended for generating and disbursing payroll items outside Regular Payroll. The following payroll items that can be generated via Special are the following: Adjustments Allowances Bonuses Commissions Make sure to tag these items ...
Generate Regular Payroll
Generating a Regular Pay Run follows the schedule both of your payroll period and attendance period. To generate a regular pay run: 1. From the Top Navigation, go to Payroll > Payroll Tab. 2. On the Payroll Summary page, click on the ...
About Payroll
The Payroll page shows statistics comparing the previous month's payroll against the current month's payroll, as well as the next schedule of Pay Run. The statistics fields consider all generated payrolls within the previous and current month, ...
How does Salarium compute Annualized Tax?
What is Annualization? Annualization is the process of determining if employees are eligible for a tax refund or need to pay additional tax at the end of a period. Salarium provides automatic computation of tax annualization for the following: ...