Within Cintra iQ, you can figure out how much net pay is required at gross level before deductions are made.
Example:
If employees are given £1000 net in bonus, it might cost the company £1470.40 at the gross level per employee, depending on the deductions required to calculate the £1000 net.
To perform net to gross calculations for multiple employees
- Perform a payroll calculation on the employees' payroll.
- Create and save a three column import .csv file, which contains the headers: Employment ID, Payment Heading and Target Net Amount.
- Navigate to the Payroll Net to Gross Calculation window.
Go to Cintra iQ: Payroll> Payroll Tools> Net to Gross Calculation. The Pay Net To Gross Calculation window appears. - Select the Payroll option.
- Select the desired Payroll.
- Import the desired file.
- Click the Calculate button. A list of employees and their net to gross calculations are displayed in the Pending Changes pane.
- Continue to save the list or print its details.