Saturday, 19 June 2010

Data roll forward for the 2010/11 financial year

We are pleased to announce the availability of the new "Roll Forward" tool in your account, this new option will allow you to bring existing 2009/10 data to the new 2010/11 financial year.

Roll Forward Options:



  • Roll companies/employees data only
    This simply will copy existing companies, departments and employees to the new year while ignoring any assigned benefits.

  • Roll companies/employees with their benefits data
    • Roll benefits as they are (No amendment to payments, dates... etc.): this options is suitable for customers who would like to review all benefits assigned to employees in the new year, dates, payments and milege (Company Car) details are copied as they are from the previous year with no changes.

    • Roll benefits with value amendments: This has two further options to control amendment to benefits details:

      • Do not include payment or mileage details: Will simply copy all benefits but will ignore payment and milege details, this option doesn't affect dates and car details.

      • Only roll Company Car benefits that have no end date specified or the end date falls into the current year: This is specific to Company Car benefits, ones that have end date specified (i.e. from: 06/04/2009 to: 05/04/2010) will indicate that benefit is no longer valid for the current year and therefore will not be included in the roll forwrad, where if the end date is not specified or falls into the current year it will indicate validity of the benefit and as a result will be included when rolling your data.


Focus on Product Usability
We understand that the benefits from GTax Employee Management can only be fully realised if the system is easy to use for everyone. That's why from a technology perspective, we have made speed, simplicity and ease-of-use a top priority, the new roll forward procedure can be performed in a few clicks where you only need to specify how benefits are brought forward to the new year.

We hope that the new feature will further simplify your processing tasks, as always we welcome all comments and would appreciate hearing from you to improve GTax.


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