Paycircle Ideas Portal
There is no ability to assign a nominal code to employee national insurance contributions when this can be done on other payroll software and accounting software which makes transfers difficult
| Customer | Multiple |
| Customer Priority | 1 - Critical - Need within 3 months |
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Customer Challenge
The client(s) are not happy having transferred to Paycircle from IPP and being told they will need to manually deduct Employer NIC from Total NIC for each entry - this is done by employee and there is an excess of 800 employees on one client alone which is unmanageable |
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This is extremely important for financial accounting to have the two different values split. One is a company cost which must be processed in the profit and loss - they other is an employee cost that is processed to balance sheet and then paid to HMRC on behalf of the employee. I have never used a payroll system where this is not split.
Employer NIC is the employer cost. Employee NIC is employee's cost. The split of these two lines is necessary for NIC reconciliation, clear payroll controls, audit testing and review of employer benefit costs