According to Incomes Register’s current instructions, if wage advancements and wages are paid during the same calendar month, the advancements may be reported on the same earnings payment report as wages, instead of reporting these on separate reports. Wage advances may be reported by the same deadline if they are paid during the same calendar month. In that case, wage advancements do not have to reported with a separate earnings payment report.
- Incomes Register’s instructions on paying wage advancement can be found here: Some moderations to Incomes Register reporting as of 1 January 2020
- The provisions concerning wage advances are also applied to the paid wages of persons in leadership positions and shareholders. More information can be found from Incomes register.
- Wage advances may be reported by the same deadline as wages of the same pay period to be paid later if the wages are paid during the same calendar month.
- If wage advances and wages are paid on different calendar months, separate earnings payment reports need to be submitted within five days of the payment date. This means that both wages are reported as a gross sum and deductions made from both wages.
- Based on Incomes Register’s instructions, one salary slip of the entire month’s wage that includes both the wage advancement and the wage itself can be created in Procountor. Salary type Net liability (6100) may be used for the net wage paid in advance. The salary type name can be edited on the salary slip, if necessary. This salary type 6100 is not reported to the Incomes Register, and it only decreases the net wage sum to be paid.
- Check Incomes Register instructions on how to handle each specific case.