Salary Advance

The Advance % field refers to the advance percentage and is used to make up employee payment, interacting with the Payroll Calculation routine. When filled in, it determines that the employee is to receive part of his salary in advance.

It is mandatory, for advance payment, that the employee be monthly paid.

Taxes and other deductions are not calculated when the advance is paid. They only occur when the net payment is made, alongside the deduction of the advance amount itself.

1. In Employees Register
2. Click Updates/Employees and then the Functional Data tab.

Important:

Note that NIT (tax identification number) validation is available in the Document Numbers tab.
3. Find the Advance % field and enter the salary percentage to be paid in advance.

To check the register, follow these instructions:

1. Click Query/Per Employee.
2. Check if the Advance register exists in the Description.
3. The systems displays the amount of registered hours, the calculated value of the advance, Cost Center, etc.

Important:

If the net value is less than or equal to zero, a Balance Insufficiency budget (ID 45 - Balance Insufficiency Prov.) that will be deducted from the following month's net value.

More details about Salary Advances:

• Payroll Calculation