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Preprogrammed with correct tax deduction rates |
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Calculates various pay type options |
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Monthly Deduction Summary |
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Detailed or Automated Time Sheets |
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Preprogrammed with correct tax deduction rates,
and automatically deducts appropriate tax for remittance.
Minotaur updates rates program whenever the government
changes them. |
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Monthly Deduction Summary automatically displays
CPP, UIC, and Income Tax deduction figures, as well
as EHT amounts, to remit to the government, for
convenience when preparing Source Deduction Summary. |
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Earnings Types (ie. Regular, Overtime, Double
Overtime), Benefits, and Deductions can all be defined
by the user, and are flexible. |
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Time Sheets can be entered in detail by employee
by job, or automatically entered in summarized form
for non-job related businesses. |
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Labour reports show cheque, costing, deduction,
and benefit information for each payroll, for one
or a range of employees. |
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When run in concert with General Ledger, payroll
figures automatically post to any number of payroll
expense and liability ledger accounts. |
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When run in concert with Job Costing, Time Sheet
figures for employees can be automatically costed
to corresponding jobs during the payroll process. |
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Manual Payroll feature allows the flexibility
to post special payroll transactions. |
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Flexible user-defined Pay Periods. System allows
any number of different Pay Periods. |
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Payrolls can be posted for whatever date, and
cheques can be dated with any date. |