Termination Payout Calculator
Publisher: Thomson Reuters
Termination payout calculator tool for faster, more confident processing
Make even complex terminations a breeze! This time-saving software processes all grounds for termination (resignation, dismissal, retirement, redundancy, invalidity, death) AND generates ATO and Centrelink forms to go with them - in minutes.
Termination Payout Calculator Features
For all termination types, including redundancy, this time-saving software:
- prompts you to key in the right information;
- performs the required tax calculations for you;
- generates warning messages if the required tax criteria has not been met;
- produces employee and payer reports with detailed calculations;
- produces ATO, Centrelink and Child Support forms; and
- ensures you’re calculating the correct values with built-in help facilities.
Termination Payout Calculator features regular updates via an online subscription. The online-delivery ensures you download updates faster at critical times of the year.
Termination Payout Calculator Benefits
- TPC performs termination payment calculations for all termination types, including resignation, dismissal, redundancy and retirement.
- Calculates the tax requirements as per tax law and produces most of the tax paperwork as well.
- Provides a guidebook, full help menu and worked examples for common termination calculations
- Offers an export function for easy data analysis and reporting
- Includes an import function that allows for fast importation of employee details from existing payroll systems or Excel worksheets
- Provides audit trail software for detailed record keeping
Termination Payout Calculator Demo Videos