As ABSS Payroll will be discontinued in Jan 2024, you may want to explore other payroll software option here. Award-winning HR/ payroll software power-packed with much more functionality. Available with PSG grant.
ABSS Payroll software in Singapore (formerly known as MYOB Payroll) gives you the power to process even the most complex of payrolls, in just minutes.
How does ABSS Payroll software help in the tax submission process?
With just a few clicks, employers can submit yearly employment income information electronically to facilitate income tax filing. Information submitted will be included in the employee’s tax assessment.
ABSS Payroll v14 – SG Edition supports IRAS’ Specifications for submitting employment income information (IR8A / IR8S) to IRAS electronically which is compulsory with effect from the Year of Assessment 2015 for employers with 12 or more employees.
……… about Auto-Inclusion Scheme for Employment Income (AIS)
Overview of ABSS Payroll
- Powerful and easy to use
- Simplified and flexible payroll process
- Flexible, comprehensive reports at your fingertips
As your business or organisation grows, managing your payroll can become very complex, very quickly. Not only do you have to deal with employees expecting their pays on time and error-free, but you also have more employer obligations, a myriad of tax rates, and endless paperwork to contend with.
ABSS Payroll/ MYOB Payroll gives you the power to process even the most complex of payrolls, in just minutes.
Features & benefits of ABSS Payroll
Powerful and easy to use
ABSS Payroll/MYOB Payroll software has been designed with the same easy-to-use elements pioneered by the award winning ABSS Accounting, without compromising on the flexible and powerful features you would expect from a powerful payroll system.
Simplified and flexible payroll process
ABSS Payroll (formerly known as MYOB) software in Singapore gives you the flexibility and variety for you to manage multiple payroll frequencies and multiple rates of pay. MYOB Payroll supports any combination of fortnightly and monthly pay periods with the flexibility of defining formulas for various payroll components.
ABSS Payroll software tracks and manages an unlimited number of employee records, earnings and deductions components as well as employer contributions. It accommodates any combination of incomes, deductions and benefits, which can be set for one time or customised for a specific staff.
In addition to year-to-date totals, ABSS Payroll keeps the payslip information for every payslip ever issued through the system. This is especially useful for audit and reporting purposes.
Flexible, comprehensive reports at your fingertips
With access to over 50 flexible reports (for each country), ABSS Payroll provides you the flexibility of selecting records to be printed in each report. You can view payslips, monthly reports on tax, earnings and deductions and also summary reports. You have the option to view reports on screen, send to printer or export them to disk for use in spreadsheets, other databases or email.
Reports you will be able to generate includes:
- Payroll reports – staff payroll ledger, payslips, payroll register, payroll listing and payment advice
- Statutory reports (which includes taxation and other reports to be submitted to the statutory authorities) – monthly remittance report (eg. CPF payment advice, and yearly report IR8A) printed in the format which conform to the country specific requirement
- Human resource reports – staff details report, anniversary listing (showing anniversary of birthdays or service years), leave balance summary and leave transaction summary
- Office link reports – standard letters in word document which can be customised by user and printed with employee’s information using the office link function
- Audit trail report
How to use ABSS Payroll Migration Tool
ABSS payroll migration tool simplifies the migration of essential data to Financio Payroll.
Here are a couple of guidelines to assist you:
- If your company has fewer than 10 employees, recommend manually configuring your company in Financio Payroll.
- If your company has 11 employees or more, you can take advantage of the free ABSS Payroll Migration Tool to upgrade to Financio Payroll.
Minimum application version requirements:
- Singapore : ABSS Payroll v14
If you are using an older version, you are required to upgrade to the latest version before using the migration tool.
Pre-requisite items
(a) Financio Payroll System
- User required to subscribe an account in Financio Payroll. Click the below to subscribe:
https://payroll.financio.co/#/signup
- Setup your company accordingly in Financio Payroll.
Important Note:
- a) If you have a promo code, please create a new company using the provided promo code 01BUSINF25 before continuing with the remaining steps of the migration process outlined below.
- b) To set up the default calendar day if your company holiday policy is different from Sat/Sun.
(b) Download and Install Payroll Migration Tool
- You can download the migration tool from the link here.
- After download, you will see a folder named PayrollMigrator.zip. Create a folder in your desktop and unzip all files into this folder.
- Inside the folder, there is a sub folder called Driver. Open the folder and DoubleClick on the file name VFPOLEDBSetup. Follow the on-screen instructions to complete the installation.
- You are required to restart your PC after completed the installation.
- Once done, go back to folder that you created at Step 2 you will see a program named PayrollMigrator. Double-click on it to start running the migration tool.
Note: Your computer must have .NET Framework 4.7.2 installed to run the Payroll Migration Tool. Please consult your IT personnel if you need help to update your .NET Framework version, or you can down from here.
- ABSS Payroll Migrator Tool program will come out.
About The Migration Tool:
The ABSS Payroll Migration Tool has been developed to simplify the process of migrating essential data to Financio Payroll.
Supported Features:
- Employee Details
- Employee Personal Info
- Contract
- Statutory Info
- Document (IC or Passport)
- Residential Address
- Tax Exemption Info (Malaysia)
- Race, Religion and Bank Details
Financio Payroll provides a predefined set of races, religions and banks. If Payroll Migration Tool is unable to find a match for this information from the provided lists, it automatically assigns the value as “Other” in Financio Payroll.
Click here to find out the steps for the mapping.
- Allowance & Deduction items (global setup)
- Leave Detail
- Leave Type (global setup)
- Employee Leave Type
- Current year processed leave transactions
Non-Supported Features:
- Employee Allowances & Deductions
- Current year pay run prior to conversion month
Process data migration steps
- Open thePayroll Migrator
- Click on the Browse Fileto look for the existing ABSS Payroll file (.PAY) and click Open.
Example, your data file is located at C:\ABSS Payroll v14.0 SG and the file name is ClearwtrSG.PAY
- The Payroll Migration Tool will extract all the information from the data file and you will see a success screen once it is done. The list of the staff name will appear on the left-hand side of the Payroll Migration Tool.
Remark: The file size and your current computer performance might impact how much time it takes to load the data.
- If you want to filter out any resigned staff from the list, you can do so by choosing ‘Exclude staff(s) who resigned before the selected date’ from the dropdown list. Then choose the date and click on Apply.
- You may double-click the item on the left panel to bring it to the right panel (remove it from the target migrate employee list).
6. Click Next button at the right bottom to go to next step.