Practical uses Nmbrs Payroll as a central environment for employee data, payroll mutations, and processing. We process the agreed-upon changes, check the salary calculations, and provide payslips, payroll tax returns, and payroll journal entries.
Where the setup supports it, we connect Nmbrs Payroll to Nmbrs Accounting (formerly Yuki), Exact Online, and relevant HR processes. This reduces double entry and helps to align payroll journal entries, employer costs, and financial administration.
Employers and employees gain access to the functions configured for their roles. Depending on the chosen setup, reports can provide insight into labor costs per period, department, or cost center.
Practical processes, among other things, joiners and leavers, changes in hours and salary, leave, allowances, bonuses, pension mutations, illness, and wage garnishments. Expense claims and corrections can also be included within the agreed payroll process.
Every mutation is processed according to the payroll calendar and checked for the consequences for payroll taxes, employer costs, and payroll journal entries. Complete and timely information is required to process a change in the desired payroll period.
For a DGA, salary and dividends are not interchangeable forms of remuneration. The customary salary scheme, the financial position of the BV, and the tax consequences together determine the available scope.
For a dividend distribution, the available reserves, liquidity, and required decision-making must be assessed, among other things. This also includes the distribution test by the board.
Practical connects payroll administration, accounting, and tax advice. We assess the DGA salary in relation to results and corporate structure, map out the consequences of a potential dividend distribution, and correctly process approved decisions in the administration and payroll processing.
How employers experience our payroll administration
Employers with international employees deal with Dutch payroll processing, payroll taxes, and potentially the 30% ruling. These components must align correctly.
Practical supports employers with Dutch payroll administration, the application and processing of the 30% ruling, and alignment with relevant tax returns. Where necessary, we coordinate with foreign group advisors within the agreed scope.
Practical handles the payroll administration; the employer remains the legal employer.
At Practical, you get a fixed point of contact for your payroll administration, supported by a specialized payroll team. We get to know your organization, employees, and terms of employment well. For international employees, the 30% ruling, or the alignment between salary and dividends for a DGA, the right specialists ensure cohesion.