Welcome to the guide for completing the Payroll Fill-in Data section of Bayzat's Onboarding Spreadsheet. This guide is crafted to guide you step-by-step in inputting essential information for efficient payroll management. Let's get started.
Setting Up Your Payroll Cycle
Payroll Cycle Date
- Standard vs. Custom Cycle: Input the start and end dates of your payroll period (e.g., 1st January 2024 to 31st January 2024). Custom cycles can range from, say, the 27th of one month to the 26th of the next, offering flexibility to align with your financial periods.
Employee Information Entry
- Automated Data Population: The 'Name of the Employee' and 'Employee ID' fields are pre-filled from the employee records sheet. It's vital to verify this data for accuracy to avoid payroll processing errors.
Salary and Allowances
- Basic Salary: Enter the 'Basic Salary Per Month' for each employee, which is the foundation of their compensation.
- Additional Allowances: Include any applicable allowances (Housing, Transportation, Mobile Phone, etc.) that form part of the total compensation package.
Payment Details
- Method of Payment: Select the preferred 'Payment Method Used To Pay Salary' (Bank Transfer, Cheque, Cash) from the provided options.
- Account Details: Fill in the 'IBAN/Account Number/CARD NUMBER' as required and choose the 'Currency' for salary payments.
Policies and Benefits
- Loan Policy: For organizations with multiple loan policies, select the relevant policy for each employee from the dropdown.
- Air Ticket Policy: Choose the appropriate Air Ticket Policy for each employee, defining their air travel benefits and eligibility.
Overtime, Days in Lieu, and Deductions
- Overtime Compensation: Indicate whether to assign 'Overtime' for individual employees or company-wide.
- Days in Lieu: Specify the policy for 'Days in Lieu', aligning with your company’s compensation structure.
- Deduction Policies: Ensure that 'Deduction Policies' are accurately reflected for comprehensive compensation management.
This walkthrough is designed to ensure you can efficiently fill in payroll data with Bayzat's Onboarding Spreadsheet. If you have any questions or need additional support, our implementation specialists are ready to assist you.
Explore our video tutorial for a visual walkthrough on inputting payroll data. The tutorial provides a detailed, step-by-step guide, to enhance your understanding of the process.