Which of these gives you a bigger headache?
- Doing the 3 main monthly statutory calculations
- Generating the 7 major monthly reports
- Managing the 2 groups of data you must always keep track of, or
- Submitting your 3 annual returns reports
The Reason Payroll Is Difficult
Payroll is difficult because every change you make affects your calculations and must be updated to several reports correctly. Doing this with a spreadsheet program like Excel can easily become a herculean task (updating every separate sheet for each report and making sure every cell has the right formula).
It can be a big headache!
But it doesn’t have to be so …
My name is Kim Kanari and I have been helping organizations in Kenya eliminate the payroll headache since 2003 (12 years). The first payroll program I developed was Nifty Payroll then, in 2014, I upgraded it and now it is PayslipMaker.
Using my payroll software almost 200 organizations now enjoy simplified monthly and year-end payroll processing.
Here’s how PayslipMaker will make your life easier …
The 3 Main Monthly Statutory Calculations
PayslipMaker will do the PAYE, NHIF and NSSF computations for you and generate the returns in the format required … iTax for PAYE, ByProduct for NHIF, and the Excel return for NSSF (also the iTax format for the new tiered NSSF system).
The 7 Major Monthly Reports
PayslipMaker generates the major reports required by most organizations ready for printing, emailing or uploading.
1.Payslips, 2.Payroll summaries (with supporting detail schedules), 3.Statutory returns (PAYE, NHIF and NSSF), 4.Bank transfer files for net pay, 5.HELB, 6.Pension, 7.Accounting journals.
The 2 Groups of Data You Must Track
Leave and Loans can become a nightmare if you don’t track them consistently and properly. PayslipMaker has sophisticated modules to help you with both of these.
Leave: It automically keeps track of leave earned and you can input leave used (and how used) so you always know the leave due for every employee.
Loans: It provides an interface for you to input loans and loan repayments. The software then automatically adds the loan deductions to the payslips until the loan expires. It also allows for interest calculations as well as low interest benefit computations. You can use both straight line and reducing balance methods of interest computations.
The 3 Annual Returns
With iTax the intention is to eliminate the annual returns. However, until completely rolled out to all employers countrywide the three standard year-end returns are required. These are the P10 (Employers certificate), the P10A (Supporting schedule) and the P9 (Employee summaries) reports.
If you have the full years payroll in PayslipMaker, generating these reports is the click of a button.
Most Other Reports You Might Need
In addition to the above PayslipMaker lets you generate almost any report you will need
– Payroll summaries by departments, or job titles, or any other grouping
– Lists of all deductions (including SACCO)
– Currency Requirement if paying by cash
– Signature sheets for advances and month end payments
– P10D quarterly return
– Annual audit schedule (Full-year salary info)
Other Useful Modules
It also has modules for computing, tracking and reporting …
– Wages (this can also be used for Overtime), and
– Advances and month-end payments
Try It Today For Free
As you can see PayslipMaker is full of useful features to make your payroll life less of a headache. Try it out today, free and with no obligation to buy, and see if it meets your needs …
Click here now to go to the Free Demo page.