End year tax calculation

Topics brought up by the TimeTrex open source community.
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bonhomme
Posts: 93
Joined: Tue Mar 11, 2008 12:30 pm
Location: The Netherland
Contact:

End year tax calculation

Post by bonhomme »

Dear Shaw,

As you may know our goal is to have timetrex running at our company we are pleased with the performance of the application but here in the Netherlands Antilles all the payroll should produce at the beginning of the year a report with some field as name, employee Id, children, yearly earning, taxes. So if the employee had paid too much as tax the fisc would return the difference to the individual contrary he should return the difference to the fisc. I think that is a challenge we are facing at the moment with timetrex.

My question is that can the program perform such task?
shaunw
Posts: 7839
Joined: Tue Sep 19, 2006 2:22 pm

Re: End year tax calculation

Post by shaunw »

Pay Stub Summary report should give most of what you are looking for with the exception of "children".
bonhomme
Posts: 93
Joined: Tue Mar 11, 2008 12:30 pm
Location: The Netherland
Contact:

Re: End year tax calculation

Post by bonhomme »

Thanks Shauw. Our goal is to have Timetrex-Professional (with the clock) installed in most of the companies here. Our last presentation of the program was a big success.
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