This article walks through the steps to set up the Payroll feature in Qoyod: enabling the feature, choosing a work schedule, configuring salary components and social insurance, and defining pay cycles.
Path in Qoyod
Payroll › Enable Features
Step 1: Enable the Payroll feature
- From the main menu, click “Payroll”.
- Choose “Enable Features”.
Step 2: Choose a work schedule
Several ready-made work schedules are available:
- For offices.
- For retail shops.
- For factories.
Choose the suitable schedule, or click “Customize Schedule” to define a custom one. Click “Continue” to save the changes.
Step 3: Configure payroll accounting settings
Salary components
- Employee Payables: select the accrued salaries account listed under current liabilities.
- Direct Cost: items spent directly on the product and easily allocated to it (such as a factory worker’s salary). Link these to the “Salaries and Wages” expense account.
- Indirect Cost: items that are hard to allocate directly to the final product (such as the salary of an admin manager or accountants). Link these to the “Administrative Salaries and Fees” expense account.
- Bonuses and Deductions: select the appropriate account per company policy.
Social insurance
Accounts and rates follow the social insurance rules in the Kingdom of Saudi Arabia. To add other insurance types, add them from: Accounting › Employees › Social Insurance.
- Payables account: social insurance payables.
- Expenses account: social insurance expenses.
Step 4: Pay cycles
Set the payroll delivery cadence that fits the company (monthly, semi-monthly, weekly, etc.), then click “Continue” to finish the setup.
