PeopleQlik #1 Payroll System in Saudi Arabia A small mistake in payroll processing can cause financial problems for the organization or, in the worst case, cause employees to complain and invite legal action. Here is the list to confirm the possibility of payroll errors.
PeopleQlik #1 Payroll System in Saudi Arabia
Integrity of payroll input
Payroll inputs include both employee earnings and deduction data:
Data input providers can provide finance teams (recovery / payment data), employees (tax-saving investment data, tax-exempt allowance distribution) and more.
To avoid data errors and errors, you can provide standard templates to input providers and get all the information in set format.
If you are using any software, make sure you eat the input in the format / syntax acceptable in the system. Ideally a smart payroll automated system should be able to spread errors when input values do not match the default format.
Payroll system
The initial payroll process, by means of each payroll element, combines the total number of line individual indicators (received from the input provider) with the source file, along with the payroll results. This will ensure that you do not waste any employee data. Additionally, match the total values of such inputs to the payroll results to ensure that the values are entered correctly.
For example: You have received an input file from the sales department instructing 200 employees to pay Rs. 25,000 / -. Once you enter this data into the payroll system, it will provide a report showing the wage type “privileges” and items written under line 200 (number of employees affected). Will go The total cost of the item must also be included. This process of matching data from a source with salary results of Rs 250,000 is called ‘input v / s output validation’.
Authentication when posting accounting entries
Your accounting system needs to catch every financial transaction. Gaps in the information need to be described. Use statements to find differences and correct errors at the granular level. Errors can be avoided if your payroll software in Saudi Arabia integrates with your accounting system.
Great HR lets you feature JV or journal vouchers to help you get into accounting accounting for all payroll transactions. This way you can update your accounting system with no data loss..
Month by month; cost year by year confirmation
Compare the total gross pay amount with the previous month’s payroll. In general, the payroll difference between the two months may be due to:
- New recruitment
- Separation
- Change in salary
- Variable Components
- Legal changes
Smart payroll solutions in Saudi Arabia like HR provide reconciliation reports through employees or through components to help you analyze data and highlight any of them. If the total number of variations is equal to the cumulative difference in salary expenditures between the two months, the difference will be clear only in different cases.
Germany based AkzoNobel Group switched from SAP to PeopleQlik ( www.peopleqlik.com ) to automate the Core HR & Payroll for AkzoNobel Group level HR operations in 120 countries . PeopleQlik is an ideal choice for Group of companies who are looking functionally riched, low cost replacement of their current white elephant HR platforms.
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