NoCFO Salaries
NoCFO Payroll is a module designed for payroll processing that allows you to pay salaries—for example, to your employees, contractors, and company owners—directly through NoCFO.
Written By Ilmari Tuominen
Last updated About 1 month ago
With the NoCFO Salaries section you can pay salaries to your employees, contractors and business owners directly from NoCFO. Salaries are calculated including taxes and statutory contributions, and payroll entries are posted to your bookkeeping automatically, so you do not need to make separate entries.
Incomes Register reports are also handled automatically as part of every payroll run. You can add tax-free reimbursements to the payslip at the same time, such as a mileage allowance or a per diem (domestic or foreign). These are part of a normal payroll run, not a separate feature. Palkkaus.fi's own guide (in Finnish) has more detail on the payroll steps: Miten palkanmaksu tehdään.
See the step-by-step guide in How do you pay salaries? If you are setting up the Salaries section for the first time, start with NoCFO Salaries setup.
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