Payroll with Bento will help you automate salary payments and calculate periodic or one-off deductions such as salary loan repayments, pension, and taxes.
To set up Payroll with Bento:
Sign in to your Kuda Business account at business.kuda.com, then click Tools.
Click Payroll with Bento.
Click Employee, then upload a spreadsheet that contains your employee’s details (first name, last name, email, employee ID, phone number, etc.)
Click Settings, then turn on tax calculations and remittances, and type in your business’ tax number. Once this is saved, it will be on your payroll schedule.
Click Remittances.
Click Pension, then add your employee’s PENCOM number and PFA (Pension Funds Administrator).
Click the back icon in the upper left corner of your screen, then click Settings.
Turn on pension calculations and remittances, then add your business’ PENCOM number. Once this is saved, it will be in your payroll schedule.
Click Payroll to create or view a payroll.
Payroll management functions to remember:
To see your employee benefits, click Benefits.
To see the breakdown of a payroll, click Analytics.
To save all your payment receipts, including remittances, click Vault.
To create different payment groups for your employees, click Payment Groups.
To create and run payroll, choose employees you want to review and approve payroll, set leave allowance, or choose a remittance option, tap Payroll.