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Payroll Settings

Overview

Payroll settings are the settings that you can configure to customize the payroll process for your business. These settings include things like earnings, deductions, and contributions, as well as tax settings and payment methods. By configuring your payroll settings, you can ensure that your employees are paid accurately and on time, and that your business is in compliance with all relevant laws and regulations.

Earnings

Earnings are the amounts that your employees are paid for their work. These can include things like hourly wages, salaries, bonuses, and commissions. You can set up different earnings types for different employees, and configure the rates and amounts for each type of earnings.

Features

Deductions

Deductions are the amounts that are subtracted from your employees' earnings. These can include things like taxes, benefits, and other withholdings. You can set up different deduction types for different employees, and configure the rates and amounts for each type of deduction.

Features

Contributions

Contributions are the amounts that your business contributes to your employees' benefits and retirement plans. These can include things like pension contributions, national insurance contributions, and health insurance contributions. You can set up different contribution types for different employees, and configure the rates and amounts for each type of contribution.

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Cost Centres

Cost centres are payroll cost codes that you can assign to employees and export in your payroll journals. They let you track and report payroll spend by area of your business, such as a department or team.

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