The Gross to Net report is an addition to Remote's platform, enhancing transparency and efficiency by offering a detailed view of payroll runs.
These reports are automatically generated after each payroll run and include filtering and downloading options to help you keep track every aspect of the payroll process.
This article covers:
Report Overview
Gross to Net report features include:
- Automated generation: Eliminates manual data entry by automatically creating detailed payroll reports after each payroll run.
- Advanced filtering: Offers robust filtering options, enabling customers to find specific data within the payroll reports.
- Downloading Reports: Provides the convenience of downloading reports in various formats, ensuring users can access and share data seamlessly across different systems.
Accessing Gross to Net Reports
- From your Remote dashboard, go to the All reports tab.
- Click on the Payroll run reports card.
Understanding your report
Your Gross to Net report includes the following information about the payroll runs of your employees:
- Net Pay: The amount the employee receives in their bank account after all deductions have been taken into account
- Net Pay Adjustment: The net salary of the employee, after all deductions and incentives have been taken into account
- Employer Contribution: The total sum of all employer contributions including tax, and any other mandatory expenses
- Deduction Statutory: The amount deducted from the employee’s pay due to statutory reasons. These could include taxes, social security contributions, and other mandatory fees or payments
- Deduction Non-Statutory: The amount deducted from the employee’s pay due to non statutory reasons, e.g partner’s medical benefit
- Base Salary: The fixed amount the employee is paid by the employer before any deductions/additions are taken into account
- Cash Benefits: Any cash benefit the employee receives that is paid for by the employer e.g types of allowances
- Non-Cash Benefits: Any non-cash benefit the employee receives that is paid for by the employer e.g types of allowances
- Incentives: Any additional bonus/incentive the employer has paid the employee in this payroll cycle
- Expenses: The total amount expensed by the employee which the employer has had to pay
- Other: Any other sums paid by the employer
- Holiday Accruals: The cost of accruing holidays paid to the employee
- Severance Accruals: The total severance accrual paid to the employee
- Other Accruals: Any other accruals paid to the employee
- Total Payroll Cost: The total sum that the employer has paid for an employee
Common questions
What information will the Gross to Net reports include?
The reports will mirror invoices by including output pay elements as fields, focusing primarily on net pay comparisons and variances for the monthly payroll cycle.
Will the Gross to Net report replace any existing workflows?
No, the introduction of the Gross to Net report does not replace any existing workflows on the platform. Customers can choose to use this feature or ignore it without any issues.
How can I access the new Gross to Net reports and enhanced payroll details?
The Gross to Net reports and updated payroll details can be accessed through the new landing page within the payroll section, where you can filter and download reports as needed.
What will the Gross to Net reports include in the first version?
Initially, Gross to Net reports will provide a summarized view with all totals.
Why are not all pay elements included in the initial Gross to Net report?
Due to dependencies on the payroll admin team, the initial rollout will focus on providing a summarized report, with plans to include a comprehensive pay element breakdown in the next update.
How does the updated payroll details page enhance my payroll reporting experience?
The payroll details page has been updated to include a new feature showcasing the variance in total costs from the last run, both in amount and percentage, facilitating a quick assessment of payroll changes over time.
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