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Codeworks Ltd
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Yes, “Let’s do magic”. This is the slogan of the new feature of PayrollPlus.

Proudly, we present the reverse calculation (Net2Gross) of PayrollPlus that allows the calculation of the Gross Salary based on the desired Net Payable.

Till now this was a wish or a desire for payroll specialists. Actually, this is one of the hardest calculations to do, especially when Gross Salary is high enough to be taxable and funds (i.e. provident fund, medical, unions) affect the Net Payable amount in may direct and/or indirect ways.

Finally, we managed to get over all difficulties and make possible to perform that calculation. This feature is available from PayrollPlus version 1.9.

Let us show you how this is done.
www.codeworks.com.cy

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PayrollPlus version 1.7

Lot of new features and enhancements are now available in PayrollPlus version 1.6. Features the can benefit your organisation and enhancements that will make you more productive and cost effective.
Visit our website to download the update.

> New Features

- PayrollPlus new features increase the capabilities of the software allowing the user to be more productive, to have more control on the payroll process and to gain more decisional tools and outputs for the administration of the company.
Switch between companies

- Logged in the software user can now switch between the companies simply with the pressing of a button.

- Interface with QuickBooks acoounting is now available. PayrollPlus exports .IIF file with a General Journal with your payroll entries. Export feature makes your life easier and eliminates human errors.

- Several new reports are now available.

- Quick Access Menu.

Please feel free to contact us and ask for any further information regarding this update, or for support on the update installation procedure.

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PayrollPlus version 1.4

Lot of new features and enhancements are now available in PayrollPlus version 1.4. Features the can benefit your organisation and enhancements that will make you more productive and cost effective.

New Features

PayrollPlus new features increase the capabilities of the software allowing the user to be more productive, to have more control on the payroll process and to gain more decisional tools and outputs for the administration of the company.

Accounting Interface with Popular Accounting Software

After adding accounting interface features in the previous version, we have now started creating interfaces with popular accounting software. The implementation of interfaces with accounting software is done based to the needs of our clients. The beginings has been done by creating interface layout with SAP.

Human Resources - Staff Vacations

Vacations of the staff of a company is a crucial information that needs to be handled with confidentiality, correctly, and most of all be up to date all the time. Staff vacations can now be tracked in the HR module created in the software.

Vacations can be classified in the following types:
> Annual Leave
> Sick Leave
> Maternity Leave
> Parental Leave
> Study Leave
> Army Leave
> Force Majeure Leave

Enhancements

PayrollPlus features has been enhanced with better performance, enriched new reports and functionalities.

Project Costing Reports

Project Costing report is a powerful report showing allocated hours worked to several projects by the staff of the company. Now this report has been enhanced showing the cost of each employee and of each project.

Social Insurance Calculation

Social Insurance (S.I.) calculations have been enhanced letting the user to minimise the time spending to prepare a payroll and monitoring the information of the software. Now, an employee that belongs to M1 category of S.I., during the calculations of S.I. deductions and contributions, will act as if he/she belongs to category M2 if birthday is available and age is over Social Insurances Maximum Age.
This also adds an even more important functionality. The user does not have to create two payrolls for an employee that is getting older of the Social Insurances Maximum Age. The software will automatically calculate the proportions and make correct deductions and contributions.

Tax Calculation

Enhancement of Tax calculations is a result of the enhancement of S.I. calculations enhancement. As the automation in S.I. calculations is available, this affects the result of the annual deduction for S.I. As a result, the software can now have an even more accurate Tax deduction estimation.

Social Insurance Report

S.I. Report is now even more flexible, as it adjusts if an employee belongs to both M1 and M2 categories in just on Payroll, creating proportional amounts on different reports as required.

For more information or to discuss how we can help your organisation with our Payroll Solution please do not hesitate to contact us!!!

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