The teqcontrol Payroll module allows you to keep all employee pay details up to date and looks after the tax credits, maternity leave, statutory sick pay, leaving and re-joining. A full payment history can be consulted at the touch of a button along with extensive documentation.
Multiple Pay Frequencies
The teqcontrol Payroll module supports multiple pay frequencies allowing you to pay people weekly, fortnightly, four-weekly and monthly. With minimal configuration, the payroll module is also compatible with all BACS IP software. Access to this information is tightly controlled using a unique password for each pay interval, ensuring that each administrator only has access to the information they require.
Automated Pay Adjustments
All statutory deductions and additions such as Tax Credits, Maternity Pay, SSP, Paternity Pay Student Loans and Attachment Orders are handled by the teqcontrol Payroll module. The payroll calculation routine will automatically create the variation for that employee and pay period, reducing or increasing their basic pay. Both temporary and permanent variations can be specified and customised by your administrators to cater for every eventuality. Automating pay adjustments both reduces your payroll administration and ensures the accuracy of your employees pay.
Integration with the teqcontrol Financial Accounts module uses flexible rules that can be set up per department. This means that your nominal ledger is automatically updated each time a pay period is updated, allowing you to easily analyse payroll costs by department.
Real Time Information - RTI
This teqcontrol Payroll feature operates within the most up to date HMRC payroll legislation. RTI submissions can be sent securely and directly to the HMRC Government Gateway server using 128 bit SSL technology. You do not need any knowledge of RTI as the teqcontrol Payroll module has been designed to make this a seamless, integrated and, most importantly, automated part of the pay process.
Official HMRC documentation, including the P45 and P60, come as standard and are available to print out or email directly to you employees. Payslips can be printed on either plain A4 or pre-printed stationary. There is a standard payslip format, or we can create a customised one for your companys livery.
Automatic Enrolment Pension Reports
Under new legislation employers are responsible for enrolling all workers who meet specific qualifying criteria onto a work based pensions scheme. The teqcontrol Automatic Enrolment module sits within the standard Payroll module and gives you the ability to create a pension scheme, define qualifying earnings, define the pensionable pay, assess you workforce and enrol workers into a pension scheme. Automatic Enrolment reporting conforms to the most recent specification provided by the Pensions Regulator.