CAPITAL CORP. SYDNEY

73 Ocean Street, New South Wales 2000, SYDNEY

Contact Person: Callum S Ansell
E: callum.aus@capital.com
P: (02) 8252 5319

WILD KEY CAPITAL

22 Guild Street, NW8 2UP,
LONDON

Contact Person: Matilda O Dunn
E: matilda.uk@capital.com
P: 070 8652 7276

LECHMERE CAPITAL

Genslerstraße 9, Berlin Schöneberg 10829, BERLIN

Contact Person: Thorsten S Kohl
E: thorsten.bl@capital.com
P: 030 62 91 92

CALENDARS

CALENDARS

A calendar specifies the start and end dates of the tax year for a particular tax authority, and is generated automatically by nuQ on request. The generated calendar can then be manually modified in various ways:

  • changing the month ends for a weekly payroll so that 5-week months occur at different times to those automatically generated,
  • changing the pay dates to be used for a monthly payroll, to allow for public holidays and early pay months such as December,
  • adding extra runs, such as a bonus run in December, or commission runs at the end of each month.

When the pay for a calendar period has been finalised its status is set to History. The employee records remain unchanged and the next calendar becomes live and ready for input. There is no such thing as a new payroll file – the database remains available to enable automatic back pay calculations to take place and tax certificates can be prepared at any time without having to restore a year end database.