Use Payroll Softawre for Itemised Payslip From 1 April 2016

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payroll software payslip format

 

From 1 April 2016, all employers will be required to issue itemised payslips to employees covered under the Employment Act.

With that, we strongly advised all companies to purchase a payroll software compliance to Singapore guideline for itemised payslip generated for payroll software

Itemised payslip format would include:

– Full name of employer.

-Full name of employee.

-Date of payment (or dates, if the payslips consolidates multiple payments).

-Basic salary

For hourly, daily or piece-rated workers, indicate all of the following:

  • Basic rate of pay, e.g. $X per hour.
  • Total number of hours or days worked or pieces produced.

-Start and end date of salary period.

-Allowances paid for salary period, such as:

  • All fixed allowances, e.g. transport.
  • All ad-hoc allowances, e.g. one-off uniform allowance.

-Any other additional payment for each salary period, such as:

  • Bonuses
  • Rest day pay
  • Public holiday pay

-Deductions made for each salary period, such as:

  • All fixed deductions (e.g. employee’s CPF contribution).
  • All ad-hoc deductions (e.g. deductions for no-pay leave, absence from work).

-Overtime hours worked.

-Overtime pay.

-Start and end date of overtime payment period (if different from item 5 start and end date of salary period).

-Net salary paid in total.

 

 

 

 

Onestopaccounting.com
Onestopaccounting.com
Accounting software Specialist In Singapore for accounting software / Inventory software / customized solutions package / payroll and point of sales / All Hardware and IT related services.

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