Set Up A Cashless Payroll With Yo! in 2023
Doing business in Uganda will sometimes require you to pay workers in cash. A common reason for this, is a situation where the worker does not have a bank account. Contract workers like casual labourers also tend to prefer being paid immediately after they finish a job. Companies buying produce particularly from non-commercial farmers will also encounter the need to make several cash payouts.
Casual workers prefer to be paid immediately after they supply services.
Even when paying workers in cash, laws regarding benefits and compensation should be adhered to. The business will still need to keep good records of all payments made and time worked. In addition, and crucially, payroll taxes must continue to be deducted and sent in to the tax authority whenever payments are made.
Yo! Uganda’s bulk payments product eases the process for businesses of all sizes doing their payroll. Some of the unique features of the system are as follows:
Keep good records of payroll transactions
Yo! Payments supports businesses that want to pay workers via direct mobile money deposits. You can pay all your workers in seconds, and still have all your detailed records kept. This solution also works well for salaried employees.
How to Set Up Your Cashless Payroll With Yo! in 2023.
You may follow our simple instructions in order to set up your payroll. However, our Yo! Uganda sales and support team is ready and happy to set this up with you.
Yo! Payments has transformed the way your customers pay you. It is now time to transform the way you pay your workers.
Click here to learn more.