How to use Payroll Reporting Library

Remote’s Payroll Reporting is a powerful tool that helps analyze business data, manage finances, optimize the workforce, and plan efficiently for the future.

With the ability to access and analyze important business data, you can understand your financial performance, manage your workforce better, and see how efficiently your operations are running. Detailed reports such as gross-to-net monthly summaries, year-to-date payroll costs, and analysis of workforce costs help you make smart decisions, use your resources wisely, and plan for the future effectively.

In this guide, we'll walk you through the basics of using the Reporting Library, including who can access it, what types of reports are available, and how to interpret the data presented.

What Types Of Reports Are Available?

Currently, you can access three types of reports:

• Gross-to-net monthly summary (available for Payroll) 
• Year-to-date payroll costs (available for Payroll) 
• Cost of workforce (available for EOR and Contractors) 

The Payroll reports display amounts in the customer’s billing currency, using the same FX rate as was used in invoicing.

Who Can Use the Reporting Feature?

The Reports tab is visible on the left-hand menu bar to users with the Owner, Superadmin, or role, as well as those with a custom role that includes the Company Management permission.

Reports available for Payroll

1. Gross-to-Net Monthly Summary

The Gross-to-net monthly summary is aggregating across all Payroll runs, per month. This gives a high level view of the entire aggregated Payroll metrics, giving management a tool to understand Payroll cost, over time.

You can get detailed payroll breakdowns for any given period with gross-to-net reports, available by country or for your entire team.

2. Year-To-Date Payroll Costs

You can get visibility into year-to-date payroll costs to better plan finances, set accurate budgets, and understand the overall business performance.

Year-to-date payroll cost reports make it easy to stay updated on all your spending and monitor financial performance throughout the year.

Reports available for EOR and Contractors

1. Workforce Cost Insights

Without insights into workforce costs across different employee types, the ability to budget effectively, allocate resources, and plan finances can be compromised. Comprehensive reports on workforce costs enable informed strategic decision-making and data-driven recommendations.