Ideas Portal
Pension contributions are being calculated on Staffology based on the data migrated from IPP software however there are rounding differences - we have noticed when running payrolls parallel on each system, that the pension contributions [employee and employer] can be calculated with a few pennies or pound differences by Staffology when comparing what has been calculated in the background on IPP.
I have noted this as well. When doing parallel runs, I am often having to change half of the EEs on the payroll by pennies. Whilst this is not a problem when we go live with the client, it can be tedious when doing parallel runs as we have to match the previous providers figures.
For example:
1360.44 x 5.5% = 74.8242, so £74.82, however, Staffology has this as £74.83, so have to manually change by 1p. Just wondered why it is calculating 1p higher.
Another example = 1838.18 x 5.8% = 106.61444, so 106.61, however, Staffology is calculating as £106.62
Hey - We consciously always around up and them the extra penny to the employees contributions rather then running the risk of under-deducting.