FastTrack360 Version 12 Online Help

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Description

An enhancement has been made in this release to facilitate the ability for VAT to be calculated on contractors' earnings when proforma remittance documents are generated at the point when interpreted timesheets are released from pay processing from the Interpreter. In line with this change, the pay batch process in the Payroll UK module has been enhanced so that at the VAT stage, the system will bring in any VAT amounts that have already been calculated as part of the proforma remittance generation process instead of recalculating those amounts again.

Benefits

This enhancement improves the efficiency of the VAT pay batch stage by preventing the need to recalculate VAT amounts for pay items where the VAT amount has already been calculated as part of the proforma remittance generation process.

Configuration

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