Explore comprehensive articles covering various aspects of the PayrollPanda software. From getting started guides to advanced features, this collection provides valuable resources to optimize your payroll management experience.
How is PCB calculated by PayrollPanda?
PayrollPanda calculates the PCB based on a formula set by LHDN for payroll softwares. Our calculations are fully compliant with LHDN specifications and we can confirm that PayrollPanda is LHDN-approved. While the formula is complicated it can be simplified as follows: 1. Annual taxable income = Previous months taxable income + (Recurring current month taxable […]
How to generate the CP22 form?
Form CP22 should be submitted with LHDN for any new employee who is subject or likely to be subject to tax within 30 days of their join date. You can download the CP22 form in PayrollPanda under Employees > select employee > Forms > Other Forms. The information included in the CP22 form is taken […]
How to generate the CP22A form?
CP22A must be submitted with LHDN when an employee is leaving your company. Please note that you do not need to submit form CP22A if the PCB was deducted correctly or the employee’s salary was below the PCB threshold, and the employee is not retiring. You can download the CP22A form in PayrollPanda under Employees […]
How to enter salary increments in my payroll?
Updating new salary Go to the Employment tab in the employee’s profile and click on New Salary +. Enter the new salary amount under New Salary / Wage and select the effective date for the new salary. If the effective date for the new salary falls part way through the month, the previous and new […]
What is the lock function for in my Payroll tab?
If you start running payroll in PayrollPanda during the year, we recommend you lock payrolls for months prior to your first payroll month. For example, if your first payroll in PayrollPanda is June payroll, you should lock January to May payrolls. There are 2 reasons to lock prior payrolls: • If you input your […]
