1. Pay attention to the annual number of days on which the loan interest is calculated according to the Loan Agreement. For Cyprus banks this is usually calculated on a 360 days calendar year and not a 365 one.
It is a good practice to recalculate employee salaries in addition to the usual payroll software, as payroll softwares deliver false calculations some times. You can recalculate the salaries using our Payroll computation and you can check out our Payroll Portal as well.
Check that all the formulas are correct.
Tip: It is a good practice to recalculate employee salaries in addition to the usual payroll software, as payroll softwares deliver false calculations some times. You can use our Payroll computation for that.
