Global Payroll for Argentina Business Processes

Global Payroll for Argentina supports these business processes:

• Earnings

  Global payroll for Argentina enables you to define and process different types of earnings, including base salary, bonuses, overtime, nightly overtime, and net salary with grossing up.

• Aguinaldo (Complementary Annual Bonus)

  You can calculate the Aguinaldo to be paid to employees. Aguinaldo amounts are based on the best salary in the last half-year and are prorated according to the number of days worked during this period.

  This Complementary Annual Bonus is paid in June and December (half of the best salary, prorated based on the number of worked days in the half year period). Aguinaldo can be paid either with the monthly salaries in a regular payroll, or through a special payroll process. The payroll process includes the calculation process for this annual bonus only when the value of the variable SAC VR PAG EN JUN? or SAC VR PAG EN DIC? is "1" (true) for the corresponding calendar.

  This Complementary Annual Bonus is paid in June and December (half of the best salary, prorated based on the number of worked days in the half year period). Aguinaldo can be paid either with the monthly salaries in a regular payroll, or through a special payroll. The payroll process includes the calculation process for this annual bonus only when the value of the variable SAC VR PAG EN JUN? or SAC VR PAG EN DIC? is 1(true) for the corresponding calendar.

• Overtime

  Define the hourly rate value per month using the value of a simple hour.

• Deductions

  Global Payroll for Argentina enables you to define and process many different types of deductions for Argentina including before tax, after tax, and non-taxable deductions. Examples of deductions include garnishments and litis expenses.

• Social Security

  Global Payroll for Argentina can calculate and process different aspects of Social Security, including retirement, INSSJP, and Social Security. You can generate several Social Security reports and interfaces, including SICOSS (Sistema de Cálculos de Obligaciones de la Seguridad Social).

• Income Tax

  Global Payroll for Argentina enables you to calculate income tax and you can generate the interface SICORE.

• Annual Income Tax Adjustment

  Global Payroll for Argentina enables you to process the calculation of the year-end tax and determine whether the company has retained the right tax amount during the monthly processes.

• Absences

  You can track and define different types of absences including maternity leave, general illness, study leave, and so on. You can create rules for other absence types, such as for paid-permitted and unpaid-permitted and for overlapping absences (such illness during vacation).

• Vacations

  Global Payroll for Argentina enables you to record and track vacations. You can generate vacation entitlements and so on.

• Grossing Up

  Global Payroll for Argentina enables you to assign a net pay salary to an employee. To do so, a net pay code rate and a net pay eligibility group (both delivered) should be assigned to the employee. The payroll process compensates the difference between the gross and the net established in a special earning.

• Termination pay

  You can calculate the final check amount for terminated employees.

• Payslips

  You can generate payslips using Global Payroll for Argentina. If you purchased PeopleSoft ePay, your employees can view their payslips on line.

• Banking

  You can define source bank and payee bank information. You can run the banking process and specify payment instructions to the bank. The system generates flat files for two Argentina banks: Nacion and Galicia.

• Legal Book

  You can generate the legal book provided for Art. 52 Law 20744.