Although the accounting system does not compute payroll, you still have to record the monthly payroll via a general journal or payment transaction to update the ledger.
Read MoreSoftware: Intuit QuickBooks accounting software The added on Payroll feature in Intuit QuickBooks accounting software is unavailable to Singapore user. If your payroll is simple, you may consider using the Write Cheque feature, or General Journal to record the payroll in QuickBooks accounting software. However, for those users who has an assistant, who has the […]
Read MoreSoftware: MoneyWorks accounting software The MoneyWorks accounting software doesn’t have a Payroll module built in. To record the Salary payment to your staff you may consider using the Payment transaction. Assuming you have an employee with a salary of $2,000.00, the CPF employee is at 20% and CPF employer is at 17%. On top of […]
Read MoreFrom the Report Centre, Employees & Payroll, allow you to print out some Payroll related reports. They are: Payroll Summary Payroll Item Detail Payroll Detail Review Payroll Transactions by Payee Payroll Transaction Detail Payroll Liability Balances Payroll Item Listing Employee Earnings Summary You can consider printing out Payroll Summary report which shows the detail breakdown […]
Read MoreTo pay your payroll liability such as CPF payment to CPF Board, click the ‘Related Payment Activities’ from the Payroll tab of the Employee Centre. From the ‘Related Payment Activities’ drop down list select ‘Create Custom Liability Payments’ option. In the Select Date Range for Liability window, select your date range for payroll liability payment. […]
Read MoreFrom Employee Centre, click the Print button and select ‘Print Pay Slips’ feature. In the Print Pay Slips window, ensure the bank account and date range is correct. You have an option to change the Payslip style to either: <Standard – One per page> <Standard – Two per page> <Standard – Three per page> or […]
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