ZonePayroll for NetSuite

Configurable Employee Pay Components

ZonePayroll (formerly Infinet Cloud Payroll) caters for all types of allowances, deductions, salary sacrifice, commissions, & bonuses. Enter these as one offs or if they are a regular payment (e.g. quarterly bonuses or commissions) add as a variable pay component at the individual employee level, allowing them to flow into the pay run and only an amount is then required to be entered. You also have the flexibility to alter the paid for period for taxation variation as per ATO rules. E.g. Paying a quarterly bonus within a weekly pay run. Below are examples of some of the most common pay components, however you have the flexibility to create your own as required.

Allowances

LAFHA, Car Allowance, On Call, Tool.

Salary / Wages

Commissions, Bonuses, Overtime.

Deductions

Child Support, Union Fees, Superannuation, Healthcare Funds.

Salary Sacrifice

Laptops, Novated Lease, Superannuation, Fringe Benefit, Exempt Benefit.

Tax

Flat and progressive rates, Manual PAYG/PAYE (catering for reductions, additions or override percentages).

Configurable and Detailed Employee Records

Customisable Employee Forms

Enhanced Employee Portal for NetSuite

Access Management

Manage employee access from the employee record, secure access via HTTPS using 128 Bit Encryption.

View Payslips and Pay Summaries

Allow employees to view and access their payslips online. Each payslip and pay summary is available in PDF format and all previous documents are stored and available historically.

Manage Bank Accounts

Employees can create and update their own bank account details, specifying a primary account, and up to two secondary accounts. Payment can be split across the accounts as desired.

Leave Management

Employees can review their leave calendar and statutory holidays for their region. Employees can view their accrued and available leave for annual, personal and long service leave.

Employees can make requests, calculating the required leave based on the employee’s working week, and statutory holiday. If leave is for a future period, available leave will be forecast based on accrual.

Leave Approval

Supervisors can also approve and decline leave requests made by their sub ordinates, viewing a hierarchy of their team, helping identify short resourcing.

Pay Type

Support for both Salaried (employee paid a base salary) and Waged (employee paid based on the hours they work).

Pay Frequency

Manage multiple pay frequencies in your organization, supports Weekly, Fortnightly and Monthly. Further filter your payrun by employee settings including department, class, location, pay date and country.

Easy To Use Step Based Process

Simple step based process takes you through selection, time entry, variable entry, processing, and pay through to posting. At each step data is presented cleanly to ensure focused timely completion.

Adjustment Runs

Quite often adjustments need to be made to reflect corrections, or payments of one offs outside of the normal pay run. These can be easily achieved with an adjustment pay run, offering options as to whether leave should be accrued, and whether tax calculations should take into account other payslips within the period.

Autopay

For companies running payroll with minimal variations, automate the process between steps using Autopay. Select your start and end step and Autopay will complete the process in the background, sending you an email on completion.

Rollback

Full capability to rollback any payrun; from and to any stage. Rollback ensures all records are rolled back and year to date fields are recalculated.

ZonePayroll (formerly Infinet Cloud Payroll) is the ideal NetSuite coupled with payroll module that is out there. We have been using them for seven to eight years now and it there are no issues at all. The support staff is always super quick and informative about everything we need. And actually running the payroll is straightforward on their platform. Overall, we are very happy and I would highly recommend the product to anyone!

Full General Ledger Impacts

Proven financial management that includes general ledger, accounts receivable, accounts payable and financial reporting.

Business Activity Statement (BAS)

Your payroll information is automatically included as part of the standard Business report, no integration or configuration is needed.

Employee & Vendor Accounts Payable

The payrun process automatically creates journals for both employees and vendors (Tax Agency and Super Funds) for easy transfer through EFT or bill payment.

Account Defaulting

Specify default accounts for super, payroll expense, employee accounts payable and accrual accounts, ability to override on an employee basis.

Part Period Calculations

For employees joining mid way through a pay period specify how the part period calculation should be made; Days in Period, Working Days or Working Hours.

Accrue Expenses

Accrue Payroll expenses on a pro-rata basis based on the difference between the pay date and the end date of a pay component.

Employee Classification

Option to use employee level classifications (department, class, and location) on expenses and accounts payable; offering a greater granularity in your reporting.

Over 90 Standard Reports and Searches Built In

Ships with a wide range of standard reports for employee, pay, superannuation and tax. Each report can be filtered by selected fields and can be used as a basis for your own customized report.

Search and Report Builder

All payroll records are exposed to the highly flexible search and reporting builder. Use the flexibility of the builder to create customized searches and reports, filtering on direct or joined fields, apply highlights to particular result criteria. Searches can be used across the product as list views providing seamless customization throughout payroll.

Pivot Reporting

Providing a drag and drop interface to convert your searches into rich complex reports.



Scheduled Reports

Schedule your reports to be emailed to you or others automatically with simple configuration. As an example its simple to configure the system to send an unapproved leave report at the end of the month to the HR department.

Live Accounting Impacts