Statutory Report 0 0

What Statutory Reports Do

Statutory Reports help companies prepare payroll information required by government or statutory agencies. The exact fields depend on the country and report setup.

Examples may include payroll tax, NHI, Social Security, pension, or other required payroll contributions.

Practical Example

A BVI company needs to prepare a payroll filing. Payroll confirms Country Specific Data is completed, runs the statutory report for the required period, reviews employee values, and exports the report or PDF.

Basic Steps

1. Confirm Country Specific Data is complete.
2. Open System Reports.
3. Select Statutory Report.
4. Choose the report and period.
5. Generate the report.
6. Review totals.
7. Export or print as required.

Common Mistakes

• Running statutory reports before employer fields are completed.
• Using the wrong country report.
• Not checking employee statutory setup.
• Assuming BVI instructions apply to every country.

Related Articles

• Country Specific Data
• NHI Report
• Social Security Report
• Payroll Tax Report