The Payroll feature allows administrators and HR personnel to accurately compute, review, and finalize regular monthly compensation, including taxes, benefits deductions, logged work hours, and time-off adjustments. Executing a regular monthly payroll cycle ensures timely payments and up-to-date compliance reporting across the organization.
To start and manage the regular monthly payroll cycle
- Navigate to the Staffiqo web platform in your browser.
- In the left navigation sidebar under the COMPANY section, select Payroll.
- Click on the Start New Payroll button to initiate the current month’s cycle.
- Select Regular Monthly Payroll as the cycle type and define the pay period dates (Start Date and End Date).
- Review the auto-populated attendance and time-off data (e.g., logged hours, paid time off, overtime) imported directly from employee timesheets.
- Adjust individual earnings, allowances, or manual deductions if necessary for specific employees.
- Click Calculate Payroll to generate tax breakdowns, gross-to-net salary totals, and benefit contribution deductions.
- Perform a thorough audit of the generated payroll preview table to verify all numbers and flags.
- Click Approve & Submit Payroll.
- Download the generated payroll report/invoice for your records or bank processing.
- Click Save & Exit.