New ‘gross up’ wage codes
Written by Sue van Elteren
Posted on 27 Oct 2016 - < 1 minute read
For some time now it is possible to gross up in Celery. Gross up means that a net amount is entered, which Celery calculates back to a gross amount. Such wage codes are often used for example when a net bonus has to be paid.
In Curacao, St. Maarten and Aruba payrolls wage codes 180 and 190 have been added. The difference between these two wage codes is that payments entered on wage code 180 are included in the SVB wage and wage code 190 is not included in the SVB wage. In BES payrolls only wage code 190 is created, because in BES no SVB wage is applicable.
Moreover, the gross up of the fixed salary is also possible in Celery. By using the gross up button in Salary in each employee, the fixed net salary can be grossed up and saved as a fixed gross salary. When using this option Celery applies all fixed salary components entered in the employee such as pension premium and taxed fringe benefits such as the company car and telephone.
Thousands of companies use Celery. Are you switching too?
Pricing for Celery starts at $17.50 per month.