Global Payroll Management with 29+ Currencies: Complete Guide to Invoicely's International Payroll System
Learn how to manage global payroll across 29+ currencies with automatic tax calculations, multi-language support, and compliance features for businesses worldwide.
Managing payroll across multiple countries and currencies has never been easier. Invoicely's comprehensive payroll system supports 29+ global currencies with automatic tax calculations, social insurance compliance, and localized reporting that adapts to each country's specific requirements.
Global Payroll at Your Fingertips
From New Zealand's PAYE and KiwiSaver to India's TDS and PF/ESI, from Japan's 所得税 to Germany's Lohnsteuer - our system automatically handles country-specific tax calculations and compliance requirements across all major world currencies.
Key Payroll Features
👥 Employee Management
- • Complete employee database with personal details
- • Employment types: Full-time, Part-time, Contractor
- • Pay structures: Salary, Hourly, Commission
- • Bank account details for direct deposits
- • Tax compliance fields (IRD, SSN, PAN, etc.)
- • Multi-language employee profiles
- • Global employee ID management
- • Employment contract storage
- • Performance tracking integration
- • Leave management system
🧮 Automatic Calculations
- • Country-specific tax bracket calculations
- • Social insurance (KiwiSaver, 401k, CPF, PF)
- • Overtime and penalty rates
- • Holiday and leave accruals
- • Currency-aware rounding rules
- • Statutory deductions (PAYE, TDS, 所得税)
- • Employer contribution calculations
- • Net-to-gross salary calculations
- • Annual bonus calculations
- • Commission structure automation
📋 Payroll Processing
- • Bulk payroll run creation
- • Timesheet integration and approval
- • Payslip generation and email delivery
- • Journal entry automation
- • Multi-frequency payroll (weekly, monthly)
- • 13th month salary calculations
- • Year-end bonus processing
- • Retroactive pay adjustments
- • Advanced approval workflows
- • Payment file generation
📊 Reporting & Compliance
- • Localized payroll reports
- • CSV/Excel export with currency headers
- • Chart of accounts integration
- • Tax compliance summaries
- • Year-end reporting preparation
- • Social security reporting
- • Statutory filing assistance
- • Audit trail maintenance
- • Multi-currency financial reports
- • Real-time compliance monitoring
Supported Currencies & Countries
Major Currencies
Asian Markets
European & Others
🏛️ Complete Tax Compliance by Region
Asia Pacific Region:
- • NZ: PAYE, KiwiSaver, ACC levies
- • AU: PAYG, Superannuation Guarantee
- • SG: CPF, SDL, FWL contributions
- • IN: TDS, PF, ESI, professional tax
- • JP: 所得税 (Income Tax), 住民税 (Residence Tax)
- • HK: Salaries Tax, MPF contributions
Europe & Americas:
- • US: Federal/State tax, FICA, SUTA
- • UK: PAYE, National Insurance, pension
- • DE: Lohnsteuer, Sozialversicherung
- • CA: Federal/Provincial tax, CPP, EI
- • CH: Withholding tax, social insurance
- • SE: Skatt, social avgifter
Chart of Accounts Integration
Each currency automatically maps to specific chart of accounts for proper financial segregation and compliance with local accounting standards:
Core Account Types for Payroll
Every currency uses these five account categories with unique codes
Currency-Specific Account Examples
How to Use Invoicely's Payroll System
1 Set Up Employees
Navigate to the Payroll section and add your employees:
- • Enter personal details (name, address, contact information)
- • Set employment details (type, status, start date, position)
- • Configure pay structure (salary/hourly rate, frequency)
- • Add tax compliance information (IRD number, tax code)
- • Set up pension/social insurance contributions
- • Enter bank account details for payments
- • Configure overtime rules and penalty rates
- • Set up leave entitlements and accrual rates
- • Define reporting manager and approval hierarchy
- • Upload employment contracts and documents
2 Create Timesheets
Track employee hours for accurate payroll processing:
- • Individual timesheet creation with date ranges
- • Bulk timesheet creation for multiple employees
- • Regular and overtime hours tracking
- • Project and task-based time allocation
- • Approval workflow for managers
- • Integration with payroll calculations
- • Mobile time tracking capabilities
- • Break time and meal period tracking
- • Public holiday and leave integration
- • Real-time timesheet reporting
3 Process Payroll
Run payroll with automatic calculations:
- • Create payroll runs for pay periods
- • Automatic tax and social insurance calculations
- • Multi-currency payroll processing
- • Review and approve pay records
- • Generate payslips for employees
- • Create journal entries for accounting
- • Process bonus and commission payments
- • Handle retroactive pay adjustments
- • Generate payment files for bank transfers
- • Automated payroll email notifications
4 Reports & Compliance
Generate reports and maintain compliance:
- • View payroll dashboard with currency-specific metrics
- • Export detailed payroll data to CSV/Excel
- • Generate tax compliance reports
- • Create social security and pension reports
- • Integration with financial reporting
- • Year-end summaries and preparation
- • Audit trail and compliance documentation
- • Custom report builder for specific needs
- • Real-time compliance monitoring alerts
- • Statutory filing assistance and deadlines
Why Choose Invoicely for Global Payroll?
🌍 True Global Support
Unlike other systems that force you to adapt to their structure, our payroll automatically adapts to your currency's tax laws, social insurance requirements, and compliance standards. Support for 29+ currencies with localized calculations.
💰 100% Free
Complete payroll management for unlimited employees across all 29+ currencies without any subscription fees, monthly limits, or hidden costs. Save thousands compared to competitors like ADP, Workday, or BambooHR.
🔄 Seamless Integration
Payroll data automatically flows into your chart of accounts, financial reports, P&L statements, and expense analysis without manual intervention. Perfect integration with invoicing and accounting modules.
📊 Smart Automation
From tax calculations to journal entries to payslip generation - everything happens automatically based on your currency's specific requirements. AI-powered compliance monitoring keeps you ahead of regulatory changes.
🏛️ Compliance First
Built-in compliance for major jurisdictions including NZ IRD, US IRS, UK HMRC, Australian ATO, German tax office, Indian income tax, and more. Automatic updates when tax rates change.
🚀 Enterprise Ready
Scalable from 1 to 10,000+ employees across multiple countries. Advanced features like multi-level approvals, custom reporting, API integration, and white-label deployment available.
Ready to Streamline Your Global Payroll?
Start managing payroll across 29+ currencies with automatic compliance and zero subscription fees.