Functionality: It assists the admin in verifying and reconciling salary data for paid and projected heads to ensure that any mismatches in projected heads can be identified and corrected within the same month.
Accessibility: Admin role only
Process:
Path: Home>>Payroll>>Payroll Reports>>YTD Reports
There are two types of reports available.
1- YTD mismatch report - It displays below details:
Status - Active ( Active Separated) / Settled
Fixed salary allowance (Basic Salary) - total amount paid till current month + actual * rest month (Manual calculation done in report)
One time Allowances / Deductions - Total amount paid/Deducted (Manual calculation done in report)
YTD - Year till date paid amount which is paid one time (actual (system) YTD Head)
Projected - total amount paid till current month + actual * rest month (actual (system) Projected Head)
If the amount in both Allowances/Deductions and Projected/YTD HOPs is 0, it indicates there is no mismatch. However, if the amount is not 0, it will require investigation and correction.
For active and settled employees, the amounts will not mismatch. However, for separated employees, a mismatch may occur as their salary is pending for FNF.
2- Annual Salary Report - This report displays only the YTD and projected amounts, along with the employee status.
