This page (revision-19) was last changed on 07-Jul-2022 01:31 by admin

This page was created on 07-Jul-2022 01:31 by admin

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Version Date Modified Size Author Changes ... Change note
19 07-Jul-2022 01:31 1 KB admin to previous
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Page References

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Net Pay Help
Net Pay Help

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Difference between version and

At line 11 changed 2 lines
The Net Pay in Foreign Currency solution runs in PowerLink, with Attache Payroll, \\ reading the Attache Timesheets, calculating Tax & GrossUp and updating the timesheets. \\ This
!!Net Pay in Foreign Currency
The Net Pay in Foreign Currency solution runs in PowerLink, with Attache Payroll, reading the Attache Timesheets, calculating Tax & GrossUp and updating the timesheets. This
At line 17 added 20 lines
%%columns
!! NET Pay expat Contracts
Net Pay in Foreign Currency is often challenging to manage.
For example, paying an Australian Expat worker in Papua New Guinea with a contract negotiated in Net Australian Dollars…
----
!! Currency at current rate
First, it is necessary to represent the AUD amount in PGK (PNG Kina). \\ \\ PNG Tax needs to be reported in PGK, so it makes sense to hold and calculate the payroll in PGK.
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!! Grossup & Reporting
\\
Then, we can calculate the tax to be paid on the Net amount in PGK,
and apply the correct Tax, GrossUp and Exchange Rate comment to the
timesheet. \\ \\ Finally, we can pay to multiple bank accounts in different currencies and email/print/PDF Payslips in dual currency.
/%
This page (revision-19) was last changed on 07-Jul-2022 01:31 by adminTop