Hibou Odoo Suite: Payroll Modules: US Payroll
The purpose of this documentation is to outline the use case and processes associated with Hibou's USA Payroll module for Odoo. The USA Payroll module includes all of the calculations and contribution registers needed for the United States Federal Tax Payment System.
First thing's first, we want to install the module! Navigate to the Apps Application and search 'USA - Payroll". When ready, hit Install.
Good to Know!
The US Payroll module requires the Odoo's Payroll application. However, if you do not already have this application installed, Odoo will install it for you during this module's installation!
To get started, navigate to the Employees application.
Configuring an Employee Contract
After selecting USA Employee for the contracts Salary Structure, click on the US Federal Filing tab. Fill in the following fields, which are found on the employee's completed W4 form:
Filing Status: Found on line 3 of the employee's completed W4 form.
Allowances: Found on line 5 of the employee's completed W4 form.
Additional Withholding: Found on line 6 of the employee's completed W4 form.
Non-resident Alien: Check this box if the employee is classified as a non-resident alien.
External YTD Wages: Wages that have been already been paid out to the employee this year via another payroll system. These external wages are used in calculating various caps.
Unemployment Tax Type (FUTA): Select Exempt, Normal Net Rate or Basic rate.
FICA Exempt: Check this box if the employee is exempt from paying FICA tax in the United States.
Ensure that the status of the contract is Running. A contract that is not Running cannot be used during payroll. To change this, simply click 'Running' in the status bar on the contract.
Running US Payroll
Navigate to the Payroll application.
You must enter dates for the pay period, in the Period fields, before you select an employee. After selecting an employee, you will be unable to change the Period.
Click CREATE to create a new payslip. Select the employee with the configured contract from the dropdown menu. When this field is selected, the following will automatically be filled in:
Additionally, a worked days line will be created.
After the employee has been selected, click Compute Sheet .
In the Salary Computation tab we can see all of the US Federal tax computation totals.
This module includes contribution registers and partners for:
The Electronic Federal Tax Payment System (EFTPS) - Form 941
The Electronic Federal Tax Payment System (EFTPS) - Form 940
The Electronic Federal Tax Payment System (EfTPS) - Form 941 (FICA + Federal Withholding)
The Electronic Federal Tax Payment System (EFTPS) - Form 940 (FUTA)
Additionally, it includes a variety of contract-level calculations:
FICA Social Security
FICA Employee Medicare
FICA Employee Medicare Additional
Federal Income Withholding
FICA Social Security
FUTA Federal Unemployment