Payroll

PAY R O L L

M o t i vat e d e m p l o y e e s

Intro

3

a n d t h e i r c o m p e n s at i o n

A fair compensation package for employees – an important motivating factor – requires a flexible, performance-based salary system with a clear, legally compliant payroll. Logical structures, modular, straightforward architecture, optimally integrated components and real ease of use – ABACUS Payroll is a powerful tool capable of performing complex calculations quickly and inexpensively. As a Swiss product, Payroll can negotiate not only the rules and regulations of all 26 cantons but can also keep up with the increasing international orientation of many companies. Adaptability in every dimension combined with extensive communication facilities allow integration into any working environment.

Programmed for success... > Over 800,000 wage statements are created each month using ABACUS Payroll. > All major trust companies use ABACUS Payroll for the management of payroll clients. > The modular structure and the consistent focus on the needs and opportunities of tomorrow make ABACUS Payroll a future-proof investment.

ABACUS has proven itself in a variety of industries and is in daily use in over 35,000 companies. Its universal applicability allows ABACUS software to be used in both large and small businesses. Continuous development guarantees the protection of investments made in software and training. ABACUS Payroll has been certified by Swissdec according to current guidelines.

ABACUS Payroll is used and recommended by well-known, prestigious Swiss trust companies.

A B AC U S B U SINESS SO F T W ARE –

Intro

Entering new dimensions

ABACUS vi – Design the future ABACUS vi, including Payroll have been completely redeveloped in Internet architecture.

It is particularly characterized by its scalability and role-based user concept, multilin­ gualism and support of Software-as-a-Service (SaaS). It also can be run on different platforms, databases and operating systems. The Payroll software for version vi can be run on a stand-alone system, in a client/server installation as well as over the Internet and Intranet.

Modern Technology Functions that are available in ABACUS vi which also have particular advantages in Payroll are: > Efficient and powerful search engine to quickly locate employees, information and documents that are saved in employee files > Create customized data entry screens for example for the personnel base > Retrieval of information via the Internet and Intranet > Visualisation of data using graphics > Simple and comfortable assignment of role-based access rights Comprehensive Service > The ABACUS Hotline provides swift and competent support to users. > ABACUS resellers with many years of experience have the business and technical know-how to successfully implement and maintain the software. > A comprehensive training program allows users to successfully master the program and begin using it productively.

5

S i m p l e , e ff i c i e n t ,

Page

8-11

Personnel data

Page 12-15

Wage types

Page 16-19

Payroll processing

Page 22-25

Legally required settlements

Page 26-29

Cost centres / Cost accounting / General Ledger entry matrix

Page 30-33

Evaluations / Documents and Forms / Access protection

Page 34-37

Divisions and Foreign currencies

Page 38-41

Electronic Banking

Page 42

Options for Payroll Accounting

The current system requirements can be found on the ABACUS homepage under the link www.abacus.ch/de/downloads-page/systemempfehlungen

COnTEnT

7

r e l i a B l e – a B a c U s pay r o l l s o F t W a r e

The requirements of a modern payroll software are multi-faceted.

What you can expect from ABACUS Payroll: > Correct and traceable wage slips for employees > Efficient mapping of processes in complex payroll systems – from time recording to entry into the General Ledger and Cost Accounting. > Complete, correct year-end settlements for OASI, UI, withholding tax, AI, etc. > Compliance with all auditing standards and regulations; necessary lists are created by mouse click. > Adaption of the software to the company-specific requirements though form design, customisable field designations, database extensions, and process management resulting in a reduction of the cost of the payroll administration. > Through the program functions of the departments, divisions, and/or companies, a payroll accounting for various divisions in an organisation can be created within a single payroll client. > new legal requirements in area of payroll administration will be immediately implemented and integrated. > A new version is delivered annually, which provides the customer with the latest technology.

PERSONNEL DATA

“Employees are the backbone of every ­company. To me, the collection and ­main­tenance of personnel data belongs to the most important elements of a ­modern ­payroll accounting.”

PERSONNEL DATA

9

Personnel data from the payroll accounting contains personnel base data, payroll data, payment details, personnel lists and base sheets. These are stored by date which allows base data for the subsequent month or year to be entered or modi足 fied.

Personnel base In the personnel base, data necessary for the wage slip is entered: name, address, date of birth, sex, entry date, OASI number, social insurance number, SUVA / AI code and withholding tax. The date-related data storage allows changes in the personnel base such as different withholding tax definitions, change of canton, etc., to be corrected within a year. A child base table allows all an employee's children as well as the length of entitlement of child and education allowances to be stored.

Optional information such as telephone, civil status, a photograph, notes, profession, department, cost centre, etc. can also be entered in the personnel base.

Personnel values Personnel values are payroll data such as monthly wage, hourly rate, fixed expenses, etc.

Unlimited customisable fields are available so that this data can be logically grouped and arranged. This data is also stored by date which means that it can already be entered for the subsequent year. Modifications for payroll periods that have already been settled can be made retroactively. The automatic recalculation function guarantees that any adjustments made will automatically be updated in the next wage slip and reported correctly.

Net wages Emphasis placed on net wage: Foreign specialists are often hired for fixed agreed net wages. The amount of the actual gross salary including all social benefits and deductions is no longer relevant. In the personnel base an automated net wage function is available, which greatly facilitates the mapping of contractually agreed upon net wages.

PERSONNEL DATA

Salary level / Salary class / Tariffs In practice, different employment contracts can be encountered. The same person can work as a secondary, high school, and physical education teacher. Such employment contracts are represented by the different wage rates in the personnel base. It is possible to split the various employment contracts and represent the varying wage classes and levels with separate wage tables.

Payment centres The primary purpose of employee payment centres is to store information about the accounts to which employee wages are paid. Up to nine different payment accounts can be entered, including third-party payment centres for wage assignments which allows a flexible distribution of wages.

Personnel lists The evaluation of the personnel base is done via lists which are integrated in the standard software. There are, for example, employee master data lists, payroll data lists, address lists, seniority lists, birthday and telephone lists, entry and exit lists, etc. These lists can be individually customised and configured.

Global modifications Various functions for global modifications simplify any necessary changes specifically for payroll clients with a large number of employees. Global modification of wages can be assigned to a specific date, for example, to be carried out starting on January 1st of the following year.

Logging Every change made to the personnel base is logged. It can be precisely determined what changes were made by whom and when. This allows changes made to the personnel base to be analysed and any gaps identified.

PERSONNEL DATA 11

HIGHLIGHTS > Flexible form design

The flexible design of the various program elements in the personnel base means the needs and work processes of the company can be precisely met.

> Job assignment

If ABACUS Human Resources is used then the management of jobs in the personnel base is integrated.

> Electronic files

Documents that belong to employees can be stored in electronic dossiers and retrieved when needed. Full text indexing means all documents can be searched for using a search engine and keywords allowing the desired document to immediately be found.

> Access protection

A flexible access protection system guarantees that data for individual employees can only be accessed by authorized users. A distinction can be made between reading or writing authorization. In addition, you can specify whether the access is inclusive or exclusive of payroll data.

PAYROLL TYPES

“Defining a new payroll type – in ABACUS Payroll the process is simple and straight­ forward.”

PAYROLL TYPES 13

One of the great strengths of ABACUS Payroll lies in the definition of the wage types. It is easy to understand even for users who seldom define new wage types.

It is completely menu-driven and requires no previous knowledge of complex formula definitions.

National data This essentially refers to rates, age and maximum limits for social insurance such as OASI, UI, SUVA and LOB. For example, this includes the OASI rate of 5.05%, the exemption for pensioners, the UI upper limit, etc. These settings can be managed via the wage types allowing the legally compliant settlement to follow automatically.

Pro rata calculations Every wage type can be defined so that calculations will automatically be made pro rata for entries or exits or for part-time ratios. Manual calculations of monthly salaries or pension fund contributions for entries or exits are therefore not necessary. These wage types can be calculated based on various criteria: > Only in unterminated employment > Only in month of exit Sophisticated gratuity systems and exit calculations can be automated.

Company and department master data Company and department master data allow the calculation of special company-specific features. Wage types use these settings to simultaneously handle and calculate different constellations in just a few steps.

PAYROLL TYPES

Transfer of wage types and table content Wage type definitions and entered table values can be exported via the interface and transferred to another client. Users and ABACUS sales partners can share defined wage types and table contents with each other resulting in a significant savings in labour costs.

Enter wage types as non-summarised Wage types can have different summarisation levels for entry in the General Ledger. For many companies it is important to enter the gross payroll amount as a total as well as the detailed expenses per employee in the General Ledger.

VAT liable wage types Each wage type can be defined as VAT-liable. The correct input tax deduction rate can be assigned. This is mainly necessary in connection with an expense entry via Payroll.

Entry to personnel base fields Results of wage types can be entered directly in the personnel base. This results in a wealth of new possibilities, such as the display of holidays or overtime balances in the personnel base.

Display payroll types on the wage slip It can be defined per wage type whether it should be displayed on the wage slip. This way wage types that are only relevant to the employer are hidden from the wage slip.

Layout elements can already be activated in the definitions and wage types as gross pay, net pay, etc. appear in bold on the wage slip.

PAYROLL TYPES 15

HIGHLIGHTS > Employee base integration

All payroll-specific data such as monthly or hourly wages, pension fund deductions, company car summation, etc. can be used directly from the wage types. Wage types can be calculated only for individual departments, employee or employee types, such as hourly or monthly wage earners. Access to the entry and exit data also allows 足seniority-based wage types.

> Bases

There are freely definable annual and monthly maximums in the bases. The OASI/UI bases manage gross-for-net amounts paid separately from the regularly liable wage amount. These allow the OASI/UI or the SUVA/AI program to subsequently offset the legally required employer contributions without burdening the actual payroll.

> Tables and Tariffs Calculations for complex salaries and LOB regulations can be resolved through user-defined tables and tariffs. Withholding tax and child allowances for all cantons are predefined. > Entry into account journals

In the Human Resources program it is also possible to have accounts which are considered in the wage types. This creates various possibilities such as the automated repayment of a loans granted to employees.

Pay r o l l p r o c e s s i n g

“With payroll processing a high degree of automation is important but also the possi­ bility to directly take corrective measures in a current wage slip.”

Payroll processing 17

The Payroll program includes the recurring payment of wages and salaries operations. This includes the pre-entry of periodic data, the settlement and correction of salaries, the execution of payments and the printing of wage and salary slips.

Wage slips As documentation of the salary received, employees can print out mailable wage slips with address and the relevant wage types. The wage slips can be ad­justed individually and the output can restricted according to different criteria. For example, only wage slips that have a difference to the previous month can be selected and printed.

The wage slips can include comment texts – either for all employees of the company, a single department or an individual employee. The wage slips can also be automatically stored as PDF documents in the electronic employee dossier. Automated distribution per IncaMail or e-mail is also possible.

The wage slips is automatically stored in the employee dossier as a PDF and is available per mouse click.

ABACUS software supports any language in the wage slips allowing non-­German speaking employees to also receive wage slips in their native language.

Recalculation The “Recalculation” option allows retroactive recalculation and modification of payroll components, and automatic correction in the current wage slips. An example would be the LOB deductions. Every employee has a LOB deduction on his or her wage slips ­starting in January. In general, the correct deductions are not forwarded from the pension funds to their customers until March.

Pay r o l l p r o c e s s i n g

This means companies need to recalculate the wage slips from January and February and take into account any difference in March. The accountant is spared this time-consuming process by using the “Recalculation” option.

Recalculations are often complex and difficult to track. A detailed presentation on the wage slip helps the employee better understand the subsequently recalculated and adjusted components.

Payment types Through the integration of the “Electronic Banking” application all common payment types can be executed – online, via DTA or via classic payment order for bank or post office. Cash and check payments are also still possible.

Floating maximum compensation The maximum limits of the OASI pensioners allowances or contributions of UI, SUVA and AI are defined monthly and recalculated at each settlement based in the total amount paid out by then. Subsequent charges when an employee leaves the company the company or at the end of the year are not necessary. The same is also true if the automatic calculation of the LOB contributions is performed.

Flexible correcting until processing The concept of ABACUS Payroll is that changes and corrections can be made to every wage slip up to entry in the General Ledger. Annual accumulations, which are necessary for the settlement of social benefits and wage statements, are calculated only after definitive payroll processing.

Interfaces Importing data from time recording systems is made possible with AbaConnect, the ­flexible integration module.

Payroll processing 19

HIGHLIGHTS > Correction options in the wage slip The possibility of direct access to a wage slip is comfortable and convenient. This allows one’s wage slip to be corrected without having to repeat the entire salary run for all employees. > Subsequent changes to wage types

If a wage type is erroneously defined – for example as not OASI liable – it can be corrected at any time. The “Recalculation” option calculates the corrected wage type according to all recent wage slips and corrects all social insurance deductions. Manual corrections are completely eliminated.

> Retroactive payments For employees who have left the company, normal or retroactive payments beyond current year can be created. Various settings in personnel and wage type base allow partial automation and provide a correct settlement of the OASI/UI amounts, withholding tax amounts, LOB deductions, etc. > Settlement periods The number of settlement periods per calender month is unlimited. This allows, for example, the monthly wages to be settled on the 24th of each month and the hourly wages on the 30th. The freely defineable settlement periods also make it possible to settle and pay out the 13th monthly salary already at the beginning of December.

A B AC U S PAYROLL ALLO W S YO U

21

M ORE ROO M F OR YO U R CORE B U SINESS

L e g a l ly r e q u i r e d settlements

“My work has been greatly simplified due to the uncomplicated, digital data exchange with the various departments, funds and insurance companies.�

Legally required settlements 23

Each year legally required settlements must be made: the OASI / UI and SUVA / AI settlements, the reports for the pension funds or for the Federal Statistical Office.

The cantons require a correct settlement for withholding tax and for the Family Equalisation Funds, each of which must be created according to one of 26 dif足 ferent cantonal regulations.

ELM (Salary Data Transmitter) The support of ELM by ABACUS Payroll makes it possible to provide most of the national settlements online to the various departments, funds or insurance companies.

OASI / UI settlement The OASI / UI settlement is prepared in accordance with the applicable regulations. These regulate the list of employees, the column content, etc. In addition, the OASI / UI list of exempt persons and an evaluation of the net / gross summation must be created.

All special cases can be correctly presented on the OASI / UI settlement. These can be, for example, retroactive payments beyond current year, annual salaries, OASI settlements for artists or insurance agents, etc.

It is also possible to prepare the necessary revision protocols for any OASI revisions.

L e g a l ly r e q u i r e d s e t t l e m e n t s

SUVA and AI insurance / AI insurance above requirement (voluntary) It also goes without saying that ABACUS Payroll ensures the correct settlement of the SUVA and AI deductions. Special circumstances such as for employees that switch from “Insured for occupational accidents only” to “Insured for both occupational and non-­ occupational accidents” are also covered. Accident insurances above requirement (voluntary) are easily realized with predefined bases and standard settings.

LOB insurance The law on occupational pension plans is complex and so is its implementation in the Payroll software. ABACUS Payroll can even detect the legal bases and automatically calculate the corresponding deduction. Values provided by the pension funds can be saved and processed in the system.

Withholding tax settlements The cantonal differences in withholding taxes are not a problem for ABACUS Payroll.

They will always be correctly calculated. The additional forms required in the Cantons of Geneva and Vaud are supported as well as the special calculation method used in the Canton of Ticino. Special cases are also covered, for example, a withholding tax requirement on only 80% instead of 100% of the gross wages.

Family Equalisation Funds The FAF settlement is made per canton. Any change of canton entered in the personnel base will be taken into consideration. All legal requirements are taken into account such as, for example, that the OASI-liable payroll amount must be reported on every FAF ­settlement even for employees who do not have children.

Daily sickness allowance settlement Different daily sickness allowance insurances can be entered in ABACUS Payroll which allows various models such as different contracts for monthly and hourly wages to be entered in the payroll accounting and correctly calculated and disclosed.

Legally required settlements 25

HIGHLIGHTS > Wage statement The wage types can be assigned to the items in the wage statement. Employeespecific remarks can be entered in the personnel base and printed on the wage statement. If space is not sufficient an extra sheet will be printed. > ELM – Salary Data Transmitter

ELM enables the uniform electronic filing of various national settlements: OASI / UI, FAF settlements, SUVA / AI, AI above requirement (voluntary), SFSO statistics, new wage statement in different cantons.

> Swissdec certified Certification from Swissdec guarantees that the software fulfils the latest requirements thus ensuring that the calculation and declaration of the liable wages is correct.

Cost centres and THE GENERAL LEDGER ENTRY m a t r i x Transfer to the cost accounting

“The transfer of personal costs to the General Ledger / Cost Accounting is often a challenging task. ABACUS Payroll allows such complex assignments.”

Cost centres and GENERAL LEDGER ENTRY matrix 27 Cost accounting

The “cost centre” option allows personnel costs from a single division to be distributed to cost centres or cost units and transferred to the General Ledger or cost accounting. This distribution can be defined in detail and also allows very complex cost allocations.

G/L entry matrix By default, Payroll enables a General Ledger account to be assigned to every pay effective wage type. Non-pay effective but cost relevant employer payroll types such as provisions can be entered in the General Ledger. More complex charts of accounts for different branches or larger companies require additional breakdowns in order to correctly support the specified entry structures. This need is met by the “Variable General Ledger entry matrix” option.

Cost centre matrix In the cost centre-matrix, for each wage type, it can be defined whether it is assigned to the master cost centre of the employee or fixed to a cost centre. A special feature is the cost centre distribution according to groups, for example the employer's costs can be distributed according to the cost centre debits for the effective reported hours.

Evaluations Detailed evaluations per cost centre and wage type, grouped either by department or unit, are possible at any time. Detailed evaluations can also be created per cost centre and wage type where per wage type the employee responsible for each cost is listed additionally.

C o s t c e n t r e s GENERAL LEDGER ENTRY m a t r i x Cost accounting

Entry in public administrations Special features of the G/L entry are apparent in municipal or cantonal administrations. A special chart of accounts must be mapped in which the cost centres are gene­rally included in the G/L accounts. Special entry groups such as municipality, school, town, etc. can be defined in the General Ledger entry matrix and in the personnel base.

Definition of G/L entry levels Basically, every wage type can be assigned an account valid for the whole company.

There are also companies that require a differentiated account allocation. In general the salaries of each clearly defined operational group, for example, from the same department flow into the same G/L accounts. In exceptional cases an individual assignment per employee is required, such as the employee-specific entry of LOB contributions. Therefore in the entry matrix for each client it can be established how the entry of the individual wage types are defined in the G/L accounts: > on the company level – per company and wage type > on the entry group level – by a new, only for use with G/L grouping such as profit centre, wage categories, etc. > on the department level – per department and wage type > on the employee level – individual for every wage type for every employee

Cost centres and GENERAL LEDGER ENTRY matrix 29 Cost accounting

HIGHLIGHTS > Master cost centre per employee In the personnel base each employee is assigned his or her master cost centres. In most cases this assignment is made to a single cost centre, but can also be made percentage-wise over any number of cost centres. These assignments take place independent of date. > Assignment of cost centres in the pre-entry It can also be determined for each wage type whether the cost distribution can be overridden via a definition in the cost centre matrix or by entering a variable cost 足centre in the pre-entry. This allows the hours worked to be effectively allocated to the cost centre responsible for the compensated work. This also applies to employer 足contributions. > Entry to other clients

The G/L client to which the corresponding entry from the payroll accounting should flow can be defined per payroll client. This allows, for example, one client for the employees and a separate client for the management. The entries from both payroll clients can then flow into a single G/L client.

> Entry document and entry The output of an entry document and G/L entry can be made independent of the choice of the entry level. This means that the account allocation can be made per company, division, department, G/L entry group or cost centre/unit. > Interface to external systems AbaConnect standard interfaces are available for entering payroll data to external 足systems such as SAP. > Link to the G/L If entries are made directly to ABACUS General Ledger, the program creates a link between the Payroll and the General Ledger. Thereby it is possible to determine in the General Ledger which payroll types led to a particular entry for which employee. This feature is only available to users who have the authorised access rights in Payroll.

E va l u at i o n s D o c um e n t s / F o r m s Access protection

“ABACUS Payroll offers addi­tional functions for evaluations, exports, forms and security in its basic version which go well beyond the standard software.”

Document evaluations / Access protection forms 31

In addition to payroll settlements, payment lists and entry documents, data can be periodically or cumulatively evaluated using over seventy different journals and lists and saved in Excel or PDF format. The export of Word documents with mail merge feature, an integrated PDF function to fill in official forms and a sophisticated access protection system ensure efficiency, simplicity and security.

Detailed journals Detailed journals contain all settled wage types in a payroll period. One such journal is the Period Comparison journal, an evaluation of differences to the wage slip from the previous month.

Cumulative journals Cumulative journals provide information about all wage types for all employees over an entire year, summarized per month.

Employee evaluations Lists for seniority, anniversaries, entries and exits, etc. can be created per department.

Every department head can receive information about the employees working in his or her department. Due to software automation, all evaluations can also be scheduled and automatically sent to the recipients.

Access protection per employee It is possible to remove access rights to data from certain employees such as access to management data.

E v a l u a t i o n s – D o c um e n t s / F o r m s – A c c e s s p r o t e c t i o n

Access protection per department or access group Access protection can be defined on many different levels. For instance, a department head may only access to the data of employees in his or her department.

Defining access rights via access groups allows even more levels of protection. Inde­ pendent of other company groupings, a department head can be assigned access to, for example, all employees in his or her department and all apprentices and additional specifically selected employees.

Individual users can also be assigned “read access” only so that they can view wages but not make any changes.

Management – evaluations on the iPad AbaCockpit is an additional software for the iPad which allows information from Payroll and the Human Resources program to be queried over the iPad. Employee information, evaluations, ratios and other information can be graphically presented and accessed independent of location. This innovative product provides management with access to an overview of all relevant data, quickly and precisely, anytime, anywhere.

Evaluations Documents / Forms Access protection 33

HIGHLIGHTS > Mail merge feature ABACUS enhanced features make it possible to import all employee data from the personnel base in to Word documents. Templates such as salary increases, thank you letters, etc. are available. The entire correspondence with employees can be con足 ducted directly from the Payroll program. > Form / PDF Integration Accident reports, applications for visas and residence permits, qualification documents, etc. can be saved as PDF documents. These include both data which is automatically completed by the program such as name and address and also data which must be filled in by the employee such as details in an accident report. The documents can be sent to the employee directly from the program. > AbaReport The list generator, AbaReport, also offers a variety of payroll functions. With the appropriate authorization the user can access all wage tables and create and evaluate lists with any number of levels. Lists created with AbaReport are available in web formatted form. > Information Management Information Management is an optional program that allows payroll-specific ratio Cockpits for management to be created. A connection to Excel is also possible making even more evaluations available.

Divisions Foreign currencies

“ABACUS Payroll takes legal aspects into consideration when mapping more complex organisational structures. The division can also form a legally separate entity.�

Foreign currencies divisions 35

Companies that employ cross-border commuters can complete contracts either in Swiss francs or Euro. Contracts in foreign currencies are common in interna足tional companies. ABACUS Payroll can calculate and pay wages in any foreign currency.

Divisions as organizational elements Divisions, similarly to departments, can also be treated as organizational elements. All evaluations can be sorted and selected by division. The detail and cumulative journal group totals per division are also made automatically.

The division often also serves as an additional level in the General Ledger entry. This is mostly used when a different G/L account per division and payroll type should be used.

Division per employee One division can be assigned per employee in the personnel base. This assignment is date-oriented so that operational restructuring or reorganization can be easily implemented.

Wage slips, wage statements and other documents can be analysed in the personnel base by division.

Definition possibilities per division Divisions can be used as organizational elements in the definition of wage types. This makes it possible to, for instance, activate only individual wage types for specific divisions. Tables and tariffs can also be defined and stored by division.

Divisions, Foreign currencies

Legally required accounts in Swiss francs Although wage slips and payments can be executed in a foreign currency, legally required settlements such as OASI, SUVA; FAF, withholding tax, etc. must be s­ettled in Swiss francs. The “Foreign currency” option takes this into account by simultaneously converting and storing all settlements that are created in a foreign currency into Swiss francs at current rates.

Up to nine payment currencies A further requirement is the payment of wages in various currencies. This occurs if the employee receives normal salary payment in Euro, but the expense receipts should be paid in U.S. dollars, the currency in which the expenses were incurred. Up to nine payment currencies can be paid out per employee.

Automatic iteration In practice, net wages are often agreed upon especially for salaries paid in a foreign currency. These can be stored in the personnel base data. As the exchange rates change, so do the gross wages in Swiss francs from month to month. By using the net wage in the foreign currency and taking into account the foreign currency rate, variable withholding tax deduction, etc., the automatic iteration calculates the gross wage in Swiss francs.

Reports in foreign currency or Swiss francs Detail and cumulative journals can be created in a foreign or key currency. Two currencies can be displayed side by side. This allows an employee's monthly salary to be viewed in both Swiss francs and dollars at the same time.

Divisions Foreign currencies 37

HIGHLIGHTS > Divisions as legally separate entity

A division as a legally separate entity is basically a company. Multiple companies in a holding can be managed in one single payroll client and settlements can be created for all or only individual companies.

National settlements such as OASI / UI, SUVA / AI settlements must, however, always be created per company / division. This function allows complex company structures to be mapped in a single payroll client. Managing multiple clients and maintaining multiple wage type bases becomes unnecessary. > Access protection per division

Access protection can be defined on the division level. Only the employees in the divisions for which the user has access rights are visible. A distinction can be made between read and write access. The access protection extends to all master data and evaluations.

> One foreign currency per employee

One foreign currency is possible per employee. All payroll components and pre-entries can be calculated or made in either the key or the foreign currency. How this is displayed on the wage slip of the employee can be defined. It is also possible to display both currencies.

Electronic Banking

“Electronic payment transactions with banks, the Post or the banker's clearing house (Telekurs AG) are processed in ABACUS Payroll together with ABACUS Electronic Banking. This cooperation has many advantages.�

Electronic Banking 39

The integration of Electronic Banking offers the user four distinct advantages: electronic processing of all payment types with accompanying letter upon request, central data storage without multiple entry, online information about company accounts with account balances, account transactions and the possibi足 lity to automatically update the rate table.

Connected financial institute ABACUS Electronic Banking directly supports the most important financial institutes in Switzerland. The current list of supported institutes can be found at www.abacus.ch.

Integration of ABACUS Electronic Banking Through strict use of common master and transaction data in ABACUS Payroll and in the Electronic Banking module, the payment processing reaches a level of automation for ABACUS users that cannot be realised with third-party products via manual import and export programs.

Account management ABACUS Electronic Banking supports the following functions for efficient account management: > Account statements (MT 940) and account pre-notes (MT 942) from all online institutions at the touch of a button > Account sheets and statements with or without graphics > Search function of transaction data

Electronic Banking

Electronic payment options The following payment orders can be made electronically from Payroll: > DTA (Data carrier exchange of the banks) > EZAG (Electronic payment order of the Post, formerly SAD) > IZV* (German domestic payment transactions) > AZV* (German foreign payment transactions)

* In order for the IZV and AZV formats to be used, the “German payment transactions� option is necessary in Electronic Banking.

For more than one bank or postal connection, even the barriers to entry for Internet solutions substantially decrease: for example, the installation of an additional encryption software (Secure-Net, SafeLine), diverse browser standards and versions, scratch lists, manual selection of URL addresses, etc.

ABACUS Electronic Banking offers a suitable solution for all types of data exchange with banks and the Post.

Payroll handling Various settings in the payroll guarantee the confidentiality of wage contracts: Single payments for contracts transferred from Payroll to Electronic Banking are depending on the definition, not visible to every user. It can be specified for DTA payments whether the bank debit notice only shows the summarized total.

Electronic Banking 41

HIGHLIGHTS > Authorization

Based on the ABACUS user administration the following models can be used: “Sole signature”, “Collective A” (first signature) and “Collective B” (second signature). The creation of signature groups allows differentiation of users of Accounts Payable and Payroll who have access to the same account. This allows payroll employees to approve a wage contract.

> Preparation of electronic payments

All payments are prepared in Payroll and submitted to ABACUS Electronic Banking for transmission to the financial institution. The Electronic Banking module is then automatically started by the Payroll. The user need only release the previously submitted payments for transmission.

> Direct access to banks and Postfinance

The file transfer normally takes place via a direct Point-to-Point connection (ISDN, TCP/ IP, etc.) to the bank or Post. Based on a three-stage security concept, data will either be obtained or transferred. After the transmission it is confirmed that the payments have been successfully accepted.

O p t i o n s f o r A B AC U S P a y r o l l

ABACUS Payroll is a built as a modular software system and can be scaled to meet the requirements of any sized company: > Basic version including electronic payment transactions DTA / EZAG and standard 足足payroll type base > Optional Modules: - Clients - Divisions - Foreign currency - Automatic withholding tax - Cost centres - Variable G/L entry matrix - Interfaces for pre-entry and base data - Swissmem statistics - Recalculation - Electronic Banking - Social insurance interfaces A detailed description of the options which are subject to charge can be found at: www.abacus.ch Human Resources program as an addition to Payroll An integrated system for personnel administration efficiently supports the various processes in the area of Human Resources.

The Human Resources program offers functions such as: > Personnel information management including promotions,

job occupation, job delegation

> Budgeting > Accounts and output objects management > Knowledge Management > Appraisals and agreement on objectives > Jobs and organization chart > Applicant management More information about the Human Resources program is available in separate documentation.

OPTIOnS 43

i n t e g r at e d B U s i n e s s s o F t W a r e F o r e v e r y r e q U i r e M e n t

General Ledger /

Electronic

Assets Ledger

Cost Accounting

Banking

Accounts Receiveable

Master data AbaBuild Technical Building

Accounts Payable

Address Management / CRM

Service and Contract Management

Programme

Payroll Human Resources

REMS Real Estate Management

Service and Project Management

Order Processing Invoicing

Production Planning and Control

E-Business

AbaSmart iPad App

Archiving AbaScan

Information Management

Workflow

AbaReport – Report Writer

AbaSearch – Search Engine

AbaNotify – Notification System

SmartJob – Process Automation

AbaAudit – Database Monitoring System

AbaConnect Standard Interfaces

Adobe

Intranet / Internet

E-Mail Programme

External Products / Individual Solutions

Microsoft Office

Time Recording Systems

CH-9300 Wittenbach-St.Gallen, www.abacus.ch info@abacus.ch ABACUS Research SA, Business Software CH-2501 Bienne/Biel, www.abacus.ch info@abacus.ch ABACUS Business Solutions GmbH D-80336 M端nchen, www.abacus-solutions.de info@abacus-solutions.de

Ecknauer + Schoch ASW / Web-11.13

ABACUS Research Inc., Business Software