How to manage legal entity information?

Important

Step by Step Guide

1. Log in to your Yomly account using your dedicated business URL
2. Go to the MAIN MENU > SETTINGS > PAYROLL
3. Select 'Payroll' and click 'Edit Payroll'
4. Company Name - according to your Trade License
5. Company Code - this is the MOL ID of the legal entity. This is only applicable if your organization
   is registered with the MOHRE (Ministry of Human Resource and Emiratization).
6. Routing Code - the routing code for the bank used to pay salaries
7. IBAN - this is optional but need to be provided if your organization is using WPS
8. Account Number - this is optional but need to be provided if your organization is using WPS
9. Daily rate calculations - the basis of how to calculate employee's daily rate
10. Unpaid leave rate calculation - the basis of the daily deduction when an employee is on unpaid leave
11. Payroll Warning - enter a percentage to trigger a warning when an employee's pay is above or below specified threshold
12. Payslip Template - allows you to select from 4 templates
13. Send payslips to - choose whether to send payslips to employee's business or personal email
14. Save