UK Payroll - Coding of Direct Employer NI and Direct Pension costs
In the Payroll software, we can only allocate Direct wages to the cost of sales. Unfortunately, that doesn't include Employer NI nor Employer Pension cost in the cost of sales.
Such coding would be useful, as we now use Birghtpay to do such coding.
Without this feature, the gross profit margin and overheads are incorrect.
Catherine Machalinski
shared this idea
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Bea Laidler
commented
This would be a great option as I am having to manually calculate the split for an individual over a number of departments and allocate funds to the correct cost centres by using a manual journal.
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Emma Sturman
commented
Tracking on Payroll if an employees time is split between departments each day, it is possible to show expenses for each separate department using timesheets. This however does not split the Pension or NI which would also need splitting between departments. A better report showing tracking (departments) for company payroll expenses would be greatly appreciated.