PAYROLLS
The following payroll frequencies are allowed:
- Daily
- Weekly
- Fortnightly (or bi-weekly)
- Semi-monthly
- Calendar monthly
- 4-week monthly (with 13 “months” in a year)
- Quarterly
- Annual
Payrolls are controlled by means of calendars which cover a tax year. By reference to the calendar, nuQ determines when months, quarters or tax years end, and the required period end processing takes place automatically.
A payroll is usually limited to one tax authority, but where there are just a few employees in one or more tax jurisdictions, they can be included on the same payroll as the bulk of the employees.
If there is more than one tax authority dealt with by a payroll, a separate calendar is set up for each authority. nuQ handles multiple tax year ends automatically and elegantly.