Payroll
Setting up payroll
Learn how to easily manage employee salaries with Wafeq Payroll.
How does Payroll work in Wafeq?
The Payroll feature allows you to:
- List all your employees and their salaries.
- Create payslips and send them to your employees.
- Break down the types of payroll expenses (e.g. Housing, Basic Salary, Transporation, GOSI, etc.)
- Reimburse employee expense claims during the payroll cycle.
Step-by-step instructions
Set up payroll
- Go to
Payroll
in the lef-side menu - On the Payroll sheet, list your employees, their pay items (e.g. Basic Salary, Housing) and the amounts of each pay item.
- In the
Include in pay run
, chooseYes
Payroll is now ready and will serve to generate payslips for each payroll period.
Run payroll
Whenever you'd like to run payroll:
- Go to
Payroll
in the lef-side menu. - Make sure
Include in pay run
is set toYes
for employees you'd like to include in this pay run. - Click
Create pay run
. - Draft payslips will be created for each employee.
- Set the
Period start
date, which is the date you'd like the salaries to be expenses. - Change the status to
POSTED
too book the salaries as expenses. Once you do that, your Profit & Loss statement will be updated.
Pay payroll
When you pay your employees:
- Go to the
Pay runs
in the lef-side menu. - For each payslip, click the
+
button under thePayments
column. - Record a payment
Send payslips
To send payslips to your employees:
- Make sure each employee has an email address by going to the
Employees
page on the left-side menu. - Go to the
Pay runs
page on the left-side menu - Check the boxes next to each payslip you'd like to send
- Click
Send payslips
in the top right corner - You will get a preview of the payslips to be sent
- Click
Send
to send the payslips.
Draft payslips
You cannot send payslips in DRAFT
status. You can only send payslips that are in status POSTED
or PAID
.