Allowances and deductions
Ace Payroll handles an almost unlimited number of allowances and deductions. This function combined with the Pay Rate Structure fully handles the structure of any organisation.
Allowances are especially useful in organisations where piece rates exist for certain work types, such as $5.50 for each box of apples picked.
Deductions are useful when an employer is asked to deduct an amount for a third party, such as the Ministry of Justice, WINZ, or the IRD.
| Page | Description |
|---|---|
| Create a new allowance or deduction | Create a new allowance or deduction which you can link to an employee or group. |
| Set or adjust a child support payment | Set a child support payment, or adjust an existing child support payment using a variation code. |
| Process a court fine deduction | Set a court fine deduction to be taken from an employee's pay. |
| Deducting overpaid wages or employee debt | Advise on when you can and cannot deduct money from an employee's pay. |
| Set up direct credits for deductions | Link a deduction to a bank account for automatic payment by direct credit each pay period. |
| IRD arrears deductions | How to pay a deduction that Inland Revenue has instructed you to make. |
| Link an allowance or deduction to a group | When an allowance or deduction needs to be applied to multiple people, you can link them as a group. |
| Link an allowance or deduction to an employee | Link an allowance to an employee so that you can process it through your regular payroll, or set it to process automatically. |
| Make extra repayments on student loans | Employees may choose to make extra contributions to their student loan debt. You can set this up at their request. |
| Reducing balance deductions | Set a finite balance to be paid in part each pay period, until the balance reaches zero. |
| Set or adjust a child support payment0 | Sometimes you will need to pay GST to a worker. Here's how to set up a correct GST allowance. |
| Set or adjust a child support payment1 | Set a WINZ deduction to be taken from an employee's pay. |
| Set or adjust a child support payment2 | Employees are entitled to keep 60% of their net pay after PAYE, child support, and court fines are deducted. |