What is the difference between Smoothing and Smoothing 2 TT only ?

What is the difference between Smoothing and Smoothing 2 TT only ?

Attached explanation

    • Related Articles

    • Solution: New Tax Rule for Jamaica: Change from Smoothing to Non-Smoothing

      HRplus has 4 options for calculating Taxes ( Smoothing, Smoothing Formula 2 - TT Only, Semi-Smoothing - TT Only, Non-smoothing ) which are used across all countries.  The Smoothing method is Cumulative and Non-Smoothing is Cycle by Cycle. There will ...
    • What is the difference between Badge No. / Employee ID and Database ID ?

      The employee badge number is user-assigned, and serves as an identifier for a particular employee within an organization's structure.  The database ID however, serves as a unique identifier for that particular record on the HRplus database itself. ...
    • Personnel (Set Up Payroll Related Codes)

      ‌Set Up Payroll Related Codes  Navigation: Personnel>> Setup>> Organization >> Payroll Related Codes>>Pay groups ‌How to set up a Pay group (via the Personnel Module)? Pay Group A pay group is a logical grouping of employees based on shared ...
    • Succession (FAQs)

      ‌Succession FAQs ‌How does the 9-Box Assessment work in the HRplus Succession Module? The 9-Box Assessment tool in HRplus evaluates employees based on their performance and potential. HR sets up the criteria for both dimensions, typically using ...
    • 4. HRplus Release Notes 27 February to 3 March 2018

      Release Notes Release Number:        2018.1.02.03 Development Period:  27th February to 3rd March 2018 Release Closed:          3rd March 2018 UPDATING The HRplus Everywhere Version 5.0 application is updated at intervals by (1) HRplus Software LLC. ...