Payroll>> Payslip > More> Fiscal Year Summary
Fiscal Year Summary provides a complete overview of all payslips within each year.
This feature is particularly helpful when trying to identify any anomalies in payments across the year, or when calculating year end tax obligations.
- Each row will help you identify if there was any abnormal payment made
- TOTAL column summarizes all payments for the year
- Taxable Income section provides details on how tax has been assessed
- Tax Payable summarizes total tax already withheld
See the Tax Reconcile feature to automatically adjust Tax Payable to date. At year end the tax reconcile will be exactly correct for your annual tax filings.