Oct 2021

21

Payroll App – What your employees can and cannot see

Does the use of an employee payroll app have risks associated with it? Is it possible for employees to see sensitive information that they shouldn’t? What are the chances that they could view their colleague’s payslip or somehow view financial information about the company? These are common concerns many employers have when first hearing about payroll and HR apps.

Employee apps have become increasingly popular, and for good reason. HR departments can share confidential documents with an employee or share a staff-wide update, while the payroll processor can send payslips directly to the employee’s phone. And while you may understand the time-saving benefits of these features, you might still be unsure of whether it can guarantee the privacy of confidential information. Luckily, with an employee app such as BrightPay Connect, you can use the user management system to decide the level of access each employee has; what they can see and what they can’t.

 

Managing User Permissions in a payroll app:

BrightPay Connect, the optional cloud add-on to BrightPay payroll software, is a popular payroll app among employers. It offers a host of benefits that can make the payroll process quicker for the employer as well as for the employee. At the same time, its user management system offers the necessary security to ensure tight control over who has access to certain payroll information and who doesn’t.

How can you manage user permissions in BrightPay Connect?

BrightPay Connect controls who has access to certain information by its user management system. The user management system is controlled from BrightPay Connect’s employer dashboard. Logging into this dashboard through an online browser, the employer can add different types of users, manage employee leave requests, and view a summary of their employee payroll information.

With the user management system, the employer can add two main types of users: Administrator and Standard User. Each type of user can be granted certain permissions and restrictions.

Administrator

  • An administrator has full control over a BrightPay Connect account. They can view the company’s internal payroll if it is associated with the BrightPay Connect account.
  • An administrator can edit account settings, add other users, redeem purchase codes, manage all employer and employee information and processes.
  • You have the option of having more than one administrator, but we would recommend having as few administrators as possible to keep your payroll information safe.

Standard User

  • The more widely used type of user is the standard users. Typically, managers of different departments and employees working in HR are given standard user access.
  • Standard users are given certain permissions and restrictions, that can differ from one another.
  • Standard users cannot access the company’s internal payroll, but certain standard users can be given permission to view financial information including employee payslips and payroll reports.

Example:
For instance, a HR manager can be set up as a standard user who can view such information and who can also grant leave requests for employees in all departments and share documents directly to the employee’s BrightPay Connect app.

Another example of a standard user is a manager of a department. This manager does not have permission to view payslips but can instead approve leave requests from their own departments only.

 

Figure 1: The types of permissions given to standard users. 

 

What permissions does an employee have? 

A typical employee who does not work on payroll and has no need to view anything beyond their own personal information, is neither an administrator nor a standard user. They are only allowed access to their own personal account by accessing their employee portal on the BrightPay Connect app or on an online browser. In the employee portal, they can:

  • View their current and past payslips
  • Request leave
  • View leave taken and leave remaining
  • Update their contact information
  • View documents uploaded by the company

They can access this account either online or by downloading the app to their phone or tablet.

Book Your Free BrightPay Connect Demo Now

If you’re interested in learning more, book your free BrightPay Connect demo. A member of our team will walk you through the various features of BrightPay Connect and explain how they can benefit you and your clients.

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Posted byÁine CourtneyinBrightPay Connect


Oct 2021

18

How to integrate AccountsIQ and BrightPay

At BrightPay we are continuously developing our suite of features in our payroll software to cater for the needs of our new and existing customers. Recently, we have developed direct API integration with accounting platform AccountsIQ as well as a number of other accounting software providers.

By using this direct API functionality, users can streamline their payroll and accounting processes allowing the payroll journal figures to be quickly and easily sent to the accounting package. This will eliminate the need to manually export and import the payroll journal files, reducing the risk of human error. This feature is a great way of automating payroll tasks and sets the standard for other payroll software providers. This must-have feature allows immediate data transfer from BrightPay to AccountsIQ with just the click of a button.

AccountsIQ are hosting a joint live webinar with BrightPay on 21st October where we will discuss the benefits of integrating your payroll and accounting software and demonstrate how you can streamline the entire process from start to finish. Discover how you can free up time for you to spend on other tasks that really need your attention. Book your place on the webinar here.

If you’re not currently using BrightPay but are interested in finding out more, book a free 15-minute online demo to get an overview of the software. You can also trial BrightPay for 60 days for free with no contracts or ties.

Register here

 

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Oct 2021

13

Budget 2022 - Employer Payroll Focus

Income Tax

There is no change to tax rates for 2022, the standard rate will remain at 20% and the higher rate at 40%.

  • The Standard Rate Cut Off Point (SRCOP) has been increased by €1,500
  • The Personal Tax Credit increased by €50 from €1,650 to €1,700
  • The Employee Tax Credit increased by €50 from €1,650 to €1,700
  • The Earned Income Credit increased by €50 from €1,650 to €1,700

Universal Social Charge (USC)

  • Exemption threshold remains at €13,000
  • There are no changes to the rates of USC
  • The 2% USC rate band has increased by €608, from €20,687 to €21,295

USC Rates & Bands 2022

€0 – €12,012 @ 0.5%
€12,013 – €21,295 @ 2%
€21,296 – €70,044 @ 4.5%
€70,045 + @ 8%

Medical card holders and individuals aged 70 years and older whose aggregate income does not exceed €60,000 will continue to pay a maximum rate of 2%.

The emergency rate of USC remains at 8%.

Non-PAYE income in excess of €100,000 will continue to be subject to USC at 11%.

Employment Wage Subsidy Scheme

The Employment Wage Subsidy Scheme (EWSS) will continue until the end of April 2022 in a graduated form.

  • The current rates will remain for October and November 2021
  • Employers availing of EWSS on December 31st 2021 will continue to be eligible until April 30th 2022, assuming they meet the eligibility criteria which will continue to be a 30% reduction in turnover/customer orders in 2021 compared to 2019
  • EWSS will close to new employers from January 1st 2022
  • For December, January and February a two-rate structure will apply as follows:

 Level of subsidy the employer will receive is per paid employee

Employee Gross Weekly Wages Subsidy Payable
Less than €151.50 Nil
From €151.50 to €202.99 €151.50
From €203 to €1,462 €203
More than €1462 Nil

 

  • For March and April 2022, a flat rate subsidy of €100 will apply
  • The reduced rate of employer’s PRSI will no longer apply for the final two months of the scheme

National Minimum Wage

The National Minimum Wage will increase by 30 cent from €10.20 to €10.50 per hour from January 1st 2022.

Pay Related Social Insurance (PRSI)

The weekly threshold for the higher rate of employer PRSI will increase to €410 from €398, this is in line with the increase in the National Minimum Wage.

Parent’s Leave

Parent’s leave has been increased by two weeks, this brings it up to seven weeks from July 2022.

VAT

The reduced rate of 9% VAT for the tourism and hospitality sector will continue to apply until the end of August 2022.

Social Welfare Payments

There will be a €5 increase in all weekly Social Welfare payments with effect from January 2022. The maximum personal rate of Illness Benefit will be increased to €208 per week. Maternity Benefit, Parent’s Benefit and Paternity Benefit will be increased to €250 per week.

Remote Working

Where an employer does not pay the e-working allowance (€3.20 per day) to an e-worker, employees will be able to claim tax relief on 30% of the cost of vouched expenses for heat, light and broadband in respect of the days worked from home.

Extension of BIK Exemption for Electric Vehicles

The BIK exemption for battery electric vehicles will be extended out to 2025 with a tapering effect on the vehicle value. This measure will take effect from 2023. For BIK purposes, the original market value of an electric vehicle will be reduced by €35,000 for 2023, €24,000 for 2024 and €10,000 for 2025.

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Posted byAudrey MooneyinEmployment UpdateNewsPayroll


Oct 2021

11

What to include on a hybrid working policy

Since the further easing of pandemic restrictions on September 20th, 2021, employees who have previously been working remotely have been returning to their workplaces on a phased and staggered basis. On October 22nd, 2021, almost all COVID-19 restrictions are to be lifted and employees will no longer be required to work from home. To allow for the safe return of employees, businesses must ensure they follow government guidance and have the appropriate systems in place.

While it is great to now have the option of returning to the office, it doesn’t necessarily mean that everyone will want to, not on a full-time basis at least. Experiencing the longer lie-ins, no commute, and an overall better work-life balance, employers and employees alike have enjoyed the benefits of remote working. However, each employee is different and along with the benefits of working from home comes challenges such as employees feeling isolated and unmotivated. Phase II of the Remote Working during COVID-19 National Survey conducted in Ireland in October 2020 found that 94% of respondents would like to work remotely for at least part of their working week. Because of this, many businesses have adopted a hybrid working model, with many more set to do so in the coming months.

What is hybrid working and do employees have the right to request it?

In Ireland, hybrid working falls under remote working and may sometimes be referred to as e-working or flexible working. A hybrid working model is when an employee works part of their time in the workplace provided by their employer and part of their time from home or anywhere else other than the normal place of work. In Ireland, employees have the right to request that they work this way. However, currently there is no legal framework around how such a request should be made and how it should be handled by employers. The legislation giving employees the right to request remote working is expected to be published at the end of the year.

As an employer, you may already have experience with employees working from home and the advantages it can bring. You also may have already decided that you would like to adopt a hybrid working model into your workplace. If this is the case, a Hybrid Working Policy document should be created so that all staff are aware of how the new arrangement will operate.

 

 

 

What information should be included in a Hybrid Working Policy?

The rules and limitations surrounding the company’s hybrid working policy should be clearly outlined in the Hybrid Working Policy, including:

  • Are there any roles within the company which may not be suitable for remote working
  • Will employees need to follow a hybrid working schedule
  • Are there certain tasks which you, as an employer, would prefer to be taken care of in the office rather than at home (or vice versa)
  • While working remotely, is the employee allowed to work anywhere or are there limitations. Examples of this may be that the employee must stay in the country or cannot work in public settings due to cybersecurity concerns
  • What hours should an employee be working. Are there set working hours, when should they take breaks and what is the maximum number of hours they should be working each day

The policy should include details of how staff will be managed and supported as they work from separate locations, including:

  • How should employees communicate with managers and colleagues and what should be done to ensure effective and fair communication
  • How should new staff be onboarded
  • How will employees’ performance will be managed
  • How will employees’ health, safety and wellbeing be maintained

Guidelines for remote working should be clearly defined, including:

  • What equipment is suitable for remote working and how will the equipment be provided
  • What are the insurance requirements for the employer and the employee
  • Details of a home risk assessment
  • How cyber security will be maintained
Interested in a ready to use Hybrid Working policy? Book a demo of Bright Contracts to see how we can help your business today.

How should a Hybrid Working Policy be shared with employees?

Once you have put together a Hybrid Working Policy, what is the best way to share it with employees? When sharing the policy with employees, you may want to share it with all or multiple employees at the same time. As employees may be working from different locations, it’s likely not possible to physically hand out the document to each employee.

You could email the policy to employees. However, emails are not always an effective way of getting your employees' attention. In a 2019 survey, 34% of respondents said that they sometimes ignore HR emails from their employer, while 5.7% even said that they always ignore HR emails. The reason for this may be that employees are simply overwhelmed by the number of emails they receive at work.

A better way of getting employees to read your new Hybrid Working Policy is by sharing it with them through an app on their smartphones. BrightPay Connect is a cloud add-on to BrightPay payroll software which includes an employee app which can be used to take care of a number of HR tasks. With BrightPay Connect, employers will have access to their own employer dashboard from where they can upload employee documents to be shared with employees through the employee app. Employers can share documents with individual employees, multiple employees or all employees if they wish to do so. This means employees can easily access all their documents in one place, be it their individual contract of employment or company-wide documents. Since the documents are available on the employees' phones, it also means they can be accessed anytime, anywhere.

When a document is shared with employees this way, each employee will receive a push notification on their mobile to notify them that the document has become available for them to view. With push notifications, because users can instantly read the alert on their device, they are less likely to ignore it like they may do with an email. Furthermore, employers can track who has and who has not read each document and so you can give them a nudge if needs be.

Reviewing and updating your Hybrid Working Policy

As hybrid working is still a relatively new concept for many employers, the policy should be reviewed regularly. Employers may want to make changes to the policy as the needs of the business and employees change. The updated policy can be quickly reshared on BrightPay Connect, and employees are once again alerted to it by push notification.

As well as sharing documents, you can also easily share payslips with employees using BrightPay Connect. Other HR functions of BrightPay Connect which are done using the employee app are annual leave management and updating employee information. To learn more about the many benefits of BrightPay Connect and how they can improve your business and ease the transition to hybrid working, book a free online demo today.

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Posted byElaine CarrollinHybrid Working


Oct 2021

5

Report calls for pension age increase

On the 17th September, a new report, Population Aging and the Public Finances in Ireland, was published by Minister for Finance, Paschal Donohoe. It highlighted the need for significant structural reforms to address the aging population, longer life expectancy, and the associated age-related expenditure. It found that current revenue increases will not be sufficient and suggested that policy reforms such as linking the Stage Pension Age to life expectancy will be required.

What are the report’s findings?

At the moment, two major factors are contributing to a worrying financial situation for the state and for those most vulnerable in our society. One, people are living longer. Life expectancy is expected to grow by three and a half years between 2019 and 2050. Two, similar to other developed countries, the birth rate is expected to fall. Such developments will have a substantial impact on the age-profile of Ireland’s population. It is predicted that 8% of people in Ireland will be aged 80 or over in 2050, up from 3% in 2019. This means that there will be fewer people of a working age generating the necessary funds to support an older population.

As a result of the aging population, the report expects the GDP (Gross domestic product) to slow relative to current growth rates and that the associated costs of an older population will be €17 billion higher than in 2019, in today’s terms. A slowdown in output growth will impact government revenue which in turn will create considerable pressure to fund this increase in demographically sensitive expenditure such as the state pension. It states, that without reforms, this will push the public finances onto “an unsustainable path”.

Proposed policy reform:

It is proposed that the most important reform to tackle the estimated cost of an aging population is to increase the State Pension Age (SPA), aligning it with the increased life-expectancy. However, in December of last year, the Social Welfare Act 2020 was signed into law preventing the previous plans to increase the SPA from 66 to 67 in 2021 and to 68 in 2028. The report estimates that the cost of keeping the SPA at 66 will be €50 billion over the long term.

This publication is part of the Finance Department’s submission to the Commision on Pensions which was set up in November 2020 in order to examine sustainability and eligibility issues in respect to the State Pension and the Social Insurance Fund.

The Pensions Commision only recently submitted their report to Minister for Social Protection Heather Humphreys in early September. It is understood, but not yet confirmed, that the report recommends that the SPA rise in quarterly increments to 67 between 2028 and 2031, before gradually increasing to 68 by 2039.

What about auto enrolment?

The report published by the Minister of Finance included no mention of auto enrolment. Looking at the UK, auto enrolment was introduced in 2012 to address similar issues facing Ireland; lack of retirement savings, increasing life expectancy, and the long-term repercussions that this would have on their State Benefits system. The Pensions Act 2008 requires all UK employers to offer workplace pension schemes and to automatically enrol eligible workers into the scheme.

In February of this year, it was announced that the proposed auto enrolment scheme in Ireland would be delayed yet again, until at least 2023. The auto enrolment scheme would see workers automatically enrolled into a pension scheme, with contributions made by the employer, the employee, and the state. The most recent figures from 2019 showed that only 30% of all employees are making regular contributions to their pensions and the gross income point at which most employees make a pension contribution is between €40,000 and €45,000. The COVID-19 pandemic exacerbated the issue, creating a growing divide between who are saving for retirement and who cannot.

Auto enrolment is undoubtedly necessary to address serious vulnerabilities in Ireland’s existing pension model. Cróna Clohisey, the Public Policy Lead with Chartered Accountants Ireland, previously spoke in March 2021, on how the SPA should not be changed without parallel reform to private pensions. Commenting on the issue, she said “Introducing auto-enrolment is the obvious answer to what is now a huge problem. This scheme will incentivise people to save and that in turn will reduce the reliance on the state pension”.

To learn about auto enrolment and how BrightPay Payroll Software will cater for it speak to a member of our team today. 

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Posted byÁine CourtneyinAuto Enrolment


Oct 2021

1

The hassle-free way to maximise your profits from processing payroll

Accountants and payroll bureaus sometimes find that processing payroll takes a lot longer than they would like. Because of this, some accountants may be making little to no profit from offering payroll as a service. Nevertheless, it is a service expected by customers. If you aren’t making a profit from payroll processing, this could be down to not using the right payroll software. By switching to a payroll software that automates tasks you can transform payroll from a time-consuming manual process into an easy process where certain tasks take care of themselves, saving you both time and money.

Not only can you make a profit from processing payroll but depending on what payroll software you use it can be an opportunity to maximise profits by allowing you to offer new services to your clients which you may not have considered before. When it comes to introducing your staff and your clients to new services, you may think you have enough on your plate and that it would take up too much of your time. However, BrightPay Connect, a cloud add-on to BrightPay Payroll software, has little to no learning curve, allowing you to immediately begin offering additional services to clients. Offering new features such as a self-service dashboard for clients, a mobile app for their employees or giving your clients access to new HR tools is a lot easier than you think.

In our upcoming free webinar, we will discuss how cloud technology and automation is transforming payroll services and allowing payroll bureaus and accountants to increase profits. Register here.

Webinar agenda:

  • Automatic cloud backup
  • Payroll reports accessible by the client
  • Annual leave management tool
  • Integration with accounting software
  • Support for remote working
  • Client payroll entry & approval
  • Bureau and client self-service dashboards

Please note: This webinar is specifically designed for accountants, bookkeepers, and payroll bureaus.

Webinar Information:

The webinar takes place on 7th October at 11.00 am and is free to attend for accountants in practice and payroll bureaus.

If you are unable to attend the webinar at the specified time, simply register and we will send you the recording afterwards.

Register Now
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Posted byElaine CarrollinPayroll Software


Oct 2021

1

BrightPay Customer Update: October 2021

Welcome to BrightPay's October update. Our most important news this month include:


EWSS eligibility rules and rates for October

Revenue have announced that the Employment Wage Subsidy Scheme (EWSS) eligibility rules and rates will remain unchanged for the month of October 2021.


5 ways to boost the efficiency of your payroll process (for employers)

Join our upcoming webinar on 20th October where we discuss practical ways you can streamline payroll and HR processes within your business using cloud technology.


6 tips for payroll success while making a profit (for bureaus)

Join our upcoming webinar on 7th October where we discuss practical ways you can streamline payroll and HR processes in your practice using cloud technology while making a profit.


Set up BrightPay for multiple users 

Each BrightPay licence key can be installed and activated on up to 10 PCs. If shared access is required, the data location can be set to your server or cloud environment.


Let’s talk about family leave 

Join our sister product Bright Contracts for their free webinar on 19th October about all things family leave related. From Maternity Leave to Parent’s Leave, Bright Contracts gives you all of the information about entitlements and pay that employers need to know.


A step closer to Net Zero  

Earlier this year Thesaurus Software announced its sustainability campaign to become Net Zero by 2023. We formed a ‘Green Team’ that will identify and implement opportunities that can improve the sustainability of our company. Follow us on our journey to keep up with our latest projects.

Posted byHolly McHughinCustomer Update


Sep 2021

28

BrightPay and Relate Software join forces to create an accounting and payroll software champion

We are delighted to announce that BrightPay has joined forces with Relate Software, a leader in post-accounting, practice management, and bookkeeping software. The partnership will aim to create a software champion serving payroll and accounting bureau and SMEs across Ireland and the UK.


BrightPay is a modern payroll and HR software which takes care of every aspect of running your payroll, from entering employee and payment details to creating payslips and sending real-time payroll submissions. The software has been designed from the ground up to be clear and simple, and yet no compromise has been made on its payroll features.


Likewise, Relate is dedicated to building innovative and focused products designed specifically for the accounting profession. Its offering includes Surf products, a cloud native product suite of bookkeeping, post-accounting, and practice management software. Relate is an industry-leader in Ireland and has been building software for over 25 years.

By partnering with Relate and combining products and strengths from both businesses, we can provide a greater offering to our customers, with scope and backing for further innovation and development. This is an exciting moment in BrightPay’s journey to delivering a one stop solution for businesses and accountancy firms. Together we will aim to provide a best-in-class software suite with a clear value proposition to drive efficiency and reduce errors, all with increased flexibility from working with a cloud offering.


For more information, please see the press release and customer FAQs.

Posted byÁine CourtneyinNews


Sep 2021

22

The hidden ways HR can benefit from managing payroll internally

Every business must have payroll in some form or another. It is arguably one of the most important HR responsibilities for any employer. You must process payslips and payments correctly on time, every time. Payroll mistakes can leave you at risk of hefty fines, and so traditionally, payroll has been one of the most outsourced processes in the business world. However, managing payroll in-house is fast replacing the tendency to outsource the role, as cloud automation continues to simplify and streamline a once difficult task.

Naturally, one of the biggest advantages of processing your payroll in-house is the level of control you’ll have over the entire process. This means you can be more flexible with last-minute changes to timesheets or quickly correcting errors. It also may be more cost-effective to run payroll in-house as the cost of payroll software becomes ever more affordable. Businesses can save money by bringing their payroll in-house compared to outsourcing to a third party.

 

An in-house payroll process means you can keep all your employees’ information private. Some employers feel more at ease by controlling who can see salaries, benefits, bonuses and other sensitive employee data. Interestingly, the number of global companies with a fully outsourced payroll function dropped by 7% in just two years. It’s clear that attitudes towards outsourced payroll are rapidly changing in favour of an in-house operation.

So, what about other benefits that are not so obvious? Fortunately for HR professionals, cloud innovation can have a big impact on workflows, especially when it comes to the crossover between HR and payroll tasks. Read on to find out four ways your HR department can benefit from managing payroll in-house.

  1. Fewer calls and emails to HR: Employees can be invited to their own secure online self-service portal that can be downloaded via an app on their smartphone or tablet device. Historical payslips and payroll documents are accessible 24/7 by the employee, instantly reducing a huge volume of time-consuming requests to HR. Gone are the days of employees requesting a history of past or lost payslips, for example, when they are applying for a loan or mortgage.
  2. Effective employee management: BrightPay Connect offers employers a central online location to keep employee records safe and secure. Not only are payslips and payroll documents automatically available, but other HR and company documents can also be uploaded. Employment contracts, company handbooks, training documents and company newsletters can all be uploaded for easy distribution, again reducing the volume of related queries to HR. Documents with restricted access can be added, for example, appraisal and disciplinary documents to aid in ongoing performance evaluation.
  3. Easier annual leave management: The cumbersome nature of managing annual leave is made much easier with BrightPay Connect. With the employee self-service portal, employees can view their annual leave entitlement and leave balance remaining. They can also request annual leave through their self-service portal. This can reduce the high volume of tedious paper-trails and email traffic to HR. Payroll and HR managers can easily approve leave requests through the online employer dashboard. Approved leave then automatically synchronises back to the payroll software on your PC and is instantly updated on the company-wide online calendar, and so HR can easily track leave and plan staff cover.
  4. Happier employee culture: Research consistently shows that when employees feel empowered at work, it has the knock-on effect of stronger job performance, job satisfaction, and commitment to the business. BrightPay Connect’s employee smartphone and tablet app can empower employees by giving them access to view and manage their data online, providing a source of independence, power and control. That convenience adds up to creating a happy and productive workforce culture, the highest aspiration for any HR management team.

If your business is curious about how an in-house payroll solution can make your payroll process easier, book a demo today to discover how BrightPay can streamline and automate many of the day-to-day payroll and HR processes.

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Sep 2021

16

Seamless integration at your fingertips

BrightPay recently announced that new journal integrations were added to the payroll software. These integrations allow customers of AccountsIQ, Quickbooks Online, Sage Business Cloud Accounting, and Xero to send their payroll journal directly from BrightPay to their accounting software at the click of a button. In BrightPay, your payroll journal file is customised to the individual accounting software provider, with compatible files and built-in nominal ledger mapping. Using the integrated system means you can save time, reduce mistakes, and improve your payroll workflow.

How important is an integrated accounts and payroll system?

An integrated accounting and payroll system can simplify how you work and allows you to have the best of both worlds. You can have your payroll software with its easy-to-use interface and full functionality without having to spend unnecessary time exporting payroll data to your accounting software. With the journal API (Application Programme Interface) integrations you can:

Save time:

If you are responsible for carrying out payroll duties and sending this data to your accounting package each pay period, you are familiar with the amount of time it can take. By using the API you can significantly reduce the amount of time you spend on this task. Instead of exporting and importing the figures manually, the payroll journal is sent directly to your accounting software and the figures are automatically added to the general ledger.

Reduce costly mistakes:

Double entry of figures can result in costly mistakes that end up taking time to identify and correct. The API integration means that this data is transferred straight from BrightPay payroll software directly to the journal, avoiding any chance of errors occurring.

Improve efficiency:

The purpose of an API integration is to allow two systems to communicate with one another in order to improve business processes and enhance productivity. With the payroll journal integration you can benefit from a quicker and more efficient workflow. The payroll information can be set up to be sent to the relevant ledgers. For example, you can post wages and salaries cost from the payroll to the nominal ledger account in your accounting software called ‘Wages and Salaries’. If you want to create any exceptions to this, you can. For example, you can separate out the costs of directors’ salaries to be mapped into a separate nominal account.

How does the BrightPay journal integration work?

The set-up of the API for the different accounting software is very similar. Using the API for AccountsIQ as an example:

  • First, sign into your AccountsIQ account in BrightPay.
  • The nominal ledger accounts will be retrieved.
  • Map each payroll data item to the relevant nominal account.
  • The payroll journal can include records for payslips across multiple pay frequencies.
  • A nominal account can be used for multiple items.
  • Specify any circumstances for which amounts should be mapped to an alternate nominal account code.

If you are using a different accounting software, you can discover how to set it up by clicking the following links: Xero, Quickbooks, and Sage Business Cloud Accounting.

Learn more:

If you’re interested in learning how BrightPay can improve your payroll services and save you time, schedule a 15-minute demo with a member of our team today.

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Posted byÁine CourtneyinAccounts SoftwarePayroll Software