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   [Footnote]



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A note on Balmori Software article:

The tax relief Republic Act No. 9504
is about to affect how you compute your payroll



SURE! PayMaster's algorithms have been rewritten to implement this conservative (and logical) interpretation. In other words, SURE! PayMaster V.7 applies the tax computational rules strictly regardless of how the employee is formally labeled in SURE! PayMaster's reference files. Thus, even if an employee is (erroneously, inadvertently) labeled a minimum wage earner, but in fact has come to be earning more than minimum wage, SURE! PayMaster will detect that he is no longer a minimum wage earner and treat him accordingly per RA9504's rules. This is only prudent algorithm design, and ultimately good for both employee and employer, in that it keeps them out of trouble with the BIR. But should the BIR espouse a more liberal treatment – i.e., all income earned while officially still a minimum wage earner is to remain tax exempt – then Balmori Software shall implement that algorithm when the pronouncement comes.



































 
  Clinical & financial data  
  management solution for
  primary, secondary, and  
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  Bring unheard-of clarity,
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  NEW!

  SURE! General Ledger Ver. 8
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