Payroll Automation by Moneyworks
Payroll Automation by Moneyworks was created with Moneyworks Scripts to help users of Moneyworks to automate the entry for Payroll based on some simple calculation. However you need to input:
- Employer CPF Rate in %
- Employee CPF Rate in %
- Donation Amount in $
- SDL Amount in $
The script will calculate and does these things for you:
- Input the Employer CPF as expense
- Input the Deduction for CPF Board
- Input the SDL as expense
- Create a new purchase for accrued CPF payment and payable
This script helps user to create salary payment, calculate the amount to split into individual lines for deductions. It does simple and basic calculation to simplify your salary calculation and journals with the click of a button. It even creates a purchase for payment to CPF as a payable in the future date. However this script:
Here is a quick video link on how this script works:
At AMC, we are all out to simplify your operations with technology. Moneyworks is Pre-Approved Accounting Solution starting from 19th Dec 2024 again.
