Visma Lön Smart

Salary exchange for employees

Salary exchange plays a part in how additional pay, pay deductions, holiday, etc. should be calculated for employees with a gross salary deduction on their monthly salary. A common example of a gross salary deduction is the money deducted for pension. The deduction is made from the salary before taxes have been withheld, i.e. on the gross salary. Read more about salary exchange in the topic What is salary exchange?.

Do the following if an employee wants a salary exchange:

Select Lön Smart - Employees.
Select the employee from the list and choose the tab Pay.
Select the Salary exchange box.
Click on next to the Full-time salary field.
Click New pay.
Choose from what date the salary exchange should apply in the As of date field.
Enter the monthly salary in the Full-time salary field.

For an employee who works full time and has a fixed monthly salary, you enter the full-time salary amount. If the employee works part time you should enter the salary that the employee would have if working full time. Visma Lön Smart will then calculate the part-time salary based on the current employment rate for the work schedule. For employees with the employment type Simplified, the part-time salary is instead calculated based on the current employment rate for the pay row.