Tax Rules is where you can create specific non-taxable amount limit to a specific payment. This is mostly used for the “De Minimis” Allowances. Example: If you set a tax rule that has non-taxable payment amount limit for P2,000. Anything above P2000 is taxable. Here’s how to add a tax […]
Minimum system and device requirements to run My Clock and TeamClock (ALL)
MyClock and TeamClock require that your Computer, iOS or Android devices run the following settings and installs in order for the applications to work correctly. The minimum operating requirements we support are: For apple devices: We only support devices that are compatible with the latest version of Apple’s iOS We […]
How PayrollHero Computes the PhilHealth Deduction?
PhilHealth: The PhilHealth deduction can be set up in 2 ways: 1. Using the “Per payroll (calculated monthly)” In using this payment, the system will be based on the employee’s “half month” salary either using base or gross pay. The deduction will then be computed in a split type payment […]
How PayrollHero Computes the SSS Deduction?
The Social Security System (SSS) deduction can be set up in 2 ways: 1. Using the “Per payroll (calculated monthly)” In using this payment, the system will be based on the employee’s “half month” salary either using base or gross pay. The deduction will then be computed in a split […]
How to Compute Philippine BIR Taxes (TRAIN Law)?
What is TRAIN? Tax Reform for Acceleration and Inclusion The goal of the first package of the Comprehensive Tax Reform Program (CTRP) or TRAIN is to create a simpler, fair, and more efficient system, as per the constitution, where the rich will have a bigger contribution and the poor will benefit more from the government’s […]
How to use MyClock Web?
Every employee has a My Clock page on their PayrollHero Dashboard. The My Clock page has a lot of great features that you’ll probably find yourself using frequently. In this article we’re going to show you how to: Find the My Clock page and introduce you to the layout. […]
PayrollHero Best Practice When Generating Payroll (Payroll Generation Checklist)
Before you can use PayrollHero to generate payroll. Make sure that the following items below are set up: Employee Type (Rank and File, Manager) Employee Position Employee Allowances (de minimis benefits, bonus, taxable and non taxable allowances, etc.) Employee Payments (debit/credit payroll adjustments, loans, etc.) Pay Mode (Hourly, Monthly or Salary) […]