All Quantum Products are filled with fantastic features to help your business run smoothly and more efficiently, enabling you to spend more time on the things that really matter in your organisation.
Quantum Payroll Features
There are many great features within the Quantum Payroll suite. Highlighted below are some of the features that are relevant to your business needs
Features
Pay Frequency
Quantum Payroll enables multiple pay frequencies such as Weekly, Fortnightly, Bi-Monthly, 4 Weekly, Monthly, Quarterly, Half Yearly or Annual. Moving an employee from one pay frequency to another can be done with ease within the Quantum Payroll system.
Job Costing/Cost Control
With Quantum, hourly paid employees can be cost within a payroll period to multiple costing areas. All data can be stored, enabling reporting on split costing information at any stage. Employees can be cost over different cost areas within the 2 tier costing function.
Historical Payslips
A detailed payslip history can be accessed through the timesheet for any employee and any period. Having complete payslip history enables reports to be created calculating Cost Reports, Back pay payments, Redundancy Payments or even Bonus payments.
Reports
For Quantum Payroll users there are many reports available. Options are readily available for any historical report to be re-issued that is viewed, printed, dispatched via email (PDF) or downloaded to MS Excel.
Payslips/Electronic Payslips
We provide a large range of payslip stationery that is compatible with laser, ink-jet and dot-matrix printers. Pre-sealed security payslips, dual copy payslips and external postage quality payslips are all available ex-stocks.
Security
Access can be restricted to users by supervisors to certain payrolls and functions.Reports and payslips within Quantum Payroll can be password protected and emailed. All databases are encrypted for security.
Timesheets
There are 2 types of Timesheets available, Standard and Express. Standard timesheet imports can be made into both formats from Time & Attendance and Clock card systems. An Express timesheet enables cost centre groups or the entire payroll to be viewed in a spreadsheet format.
Revenue Online Service (ROS)
Quantum Payroll is fully compatible with ROS. Data from payroll runs can be easily submitted. Submissions can also include termination detail for leavers along with PAYE, USC and PRSI detail which is directly sent from Quantum Payroll to Revenue.
Data Migration
Quantum has an inbuilt migration utility which can import year to date balances along with standard data field content from some standard Irish payroll systems. This allows new clients to commence with a payroll run in Quantum without the need to key in setup details.
Resources
Construction Companies and Payroll Services
One in five of all insolvent firms in the UK is from the construction sector, making the construction industry a significant contributor to UK’s insolvency figures. The rising cases of insolvency in the sector are mainly due to soaring inflation
How to Manage the Rising Energy Costs in Small Businesses?
Many small businesses pay their energy bills without much thought, but with energy costs soaring, it’s time to pay a little more attention to energy expenses. With the global demand for energy rising, wholesale energy prices have experienced massive hikes.
UK Payroll Compliance – What Do Financial Directors Need to Know?
To begin with, financial directors of UK-registered firms need to have their eyes on all sorts of regulatory issues, not just those pertaining to payroll. However, it should also be said that it is not just financial directors who ought
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