Basic Monthly Salary Template

Our basic monthly salary template is a simplified version of our comprehensive monthly payroll template and automates salary and payslip calculations for the entire tax year. The template enables users to define the monthly salary of each employee, add an annual bonus and also provides for one annual salary increase in a selected month. All income tax, salary deduction and company contribution calculations are automated.

• Designed for businesses with less than 50 employees
• Use if salary amounts do not differ every month (no variable earnings)
• Automates inclusion of earnings for all 12 months
• Accommodates annual bonus and one annual salary increase
• Automated calculation of income tax & medical tax credits
• Automated calculation of salary deductions & company contributions
• Automated analysis of gross & net pay by employee or department
• Automated pay slips