Payroll methodology and controls

CoreCloud records the inputs and calculated breakdown so an administrator can review how a payslip was produced.

Configurable inputs

• Working days, absent and half-day rules
• Late-arrival thresholds and deductions
• Paid-leave treatment
• Allowances, bonuses and tax percentage

Calculation record

The payroll breakdown stores attendance counts, per-day salary, earned basic pay, deductions, bonus, allowances, computed tax and attendance percentage. Net pay follows:

net salary = basic salary + allowances - deductions - tax

Audit and verification

Payroll actions and exports are written to the audit trail. Administrators should compare the breakdown with source attendance, approved leave and the active payroll policy before payment.