Your annual Certificate of Earnings reports
Every year you may need to provide your employees with Certificate of Earnings. Please note that you will have a small choice to make as to how you present a report for this.
From home select "Report Centre", "Company Analysis", then "Certificate of Earnings" and select all employees, or a specific employee from the dropdown menu. You can also select the Archived ( A. ) to select inactive/archived employees.
From home select "Report Centre", "Company Analysis", then "Certificate of Earnings" and select all employees, or a specific employee from the dropdown menu. You can also select the Archived ( A. ) to select inactive/archived employees.
CHOOSING THE APPROPRIATE REPORT (FY or TY)
The "Date from" range will default to the last Financial Year and you may choose a period here should you require only a specific time-period for analysis. However you will normally choose a "Year" and then select either "FY", "TY", or "FY & TY".
"TY" is the Tax Year and will give you a Certificate of Earnings based on physical payment dates to provide totals aligned to the day of the week your employees are paid. This is what the IRD use. and with your PAYE filing during the Tax Year. This report will match your employees IRD Tax Records and is the report most employers will choose to provide.
"FY" is the Financial Year and will give you a Certificate of Earnings based on pay period end dates to provide totals aligned to the day of the week each of your pay periods end. As this day of the week often varies to your actual pay day and your PAYE filing the totals may differ from "TY", especially is situations where the pay day may occur in the following month (outside the Tax Year).
Choosing "FY & TY" will provide a report with both sets of totals side-by-side.
The "Date from" range will default to the last Financial Year and you may choose a period here should you require only a specific time-period for analysis. However you will normally choose a "Year" and then select either "FY", "TY", or "FY & TY".
"TY" is the Tax Year and will give you a Certificate of Earnings based on physical payment dates to provide totals aligned to the day of the week your employees are paid. This is what the IRD use. and with your PAYE filing during the Tax Year. This report will match your employees IRD Tax Records and is the report most employers will choose to provide.
"FY" is the Financial Year and will give you a Certificate of Earnings based on pay period end dates to provide totals aligned to the day of the week each of your pay periods end. As this day of the week often varies to your actual pay day and your PAYE filing the totals may differ from "TY", especially is situations where the pay day may occur in the following month (outside the Tax Year).
Choosing "FY & TY" will provide a report with both sets of totals side-by-side.