Adding a new company (continued)

Commercial Information

In the Commercial information tab, provide KashFlow Payroll with contact details for your Company, such as the Address to display on payslips.

Address

KashFlow Payroll is looking for the address of your company. This will appear on Payslips.

Telephone

Telephone number of your company.

Government Settings

Each Company in KashFlow Payroll represents a PAYE Scheme and HMRC will have given you some references and numbers to help them identify you in the RTI submissions.

Contracted Out

Number This is required if your company has a certified contracted out pension scheme.

Enable Online Filing

Normally you would leave RTI Filing switched on so that KashFlow Payroll makes RTI submissions for you online and on time. There are no buttons to press or procedures to follow; KashFlow Payroll simply files everything required online when it is needed.

An FPS submission is required on or before every Pay Date and KashFlow Payroll will perform these automatically for you when you finish with a Pay Date. You should only disable RTI Filing if you are sure RTI submissions have already been made for the Pay Dates you are closing.

HMRC Online Filing Credentials

When KashFlow Payroll makes an online RTI submission for you, it needs to login to HMRC with a user name, password and some contact details (your ‘credentials’).

Payment Method

Choose a default method to pay your employees.

Banking Information

If you pay by Electronic Transfer then KashFlow Payroll needs to know your bank details in order to create the appropriate payment file for you.

Payroll Control Settings

This company setup tab tells KashFlow Payroll how you want your Pay Dates to be set because every time you close a Pay Date, KashFlow Payroll will create the next one for you.

Payslip Format and Delivery

You can choose from a number of layouts for the employee payslips and how you generally want payslips to be delivered.

Employee Self Service

KashFlow Payroll runs over the internet, so your employees can login and get what they need from KashFlow Payroll.

Opening Balances

Opening Balances tell KashFlow Payroll what the Year To Date figures were before you started using KashFlow Payroll, so you only need Opening Balances once for the Year that you start using KashFlow Payroll and only if you processed payrolls earlier in the year. KashFlow Payroll sets the Year of the opening Balances for you.