Reports are an essential source to analyze data trends, identify areas for improvement, and make analytical decisions. Paylocity HR & Payroll enables businesses to create personalized dashboards, allowing them to analyze data more effectively and make decisions that foster growth. User reviews suggest that creating personalized reports on Paylocity is a seamless process, which helps save time and ensure compliance and legal safety.
The following guide discusses how to create a report in Paylocity and outlines the most effective method for carrying out this process.
The primary step in report generation is to scroll to the ‘Reports’ section and navigate to the top right corner. In this section, users can choose the type and format of report they need to create and specify the report class. In addition, Paylocity also lets businesses determine whether the report is a PDF document or Microsoft excel.
Employers can get employees’ personal information by going to the ‘Employee Info’ tab and clicking on the ‘Demographics’ section to make their reports more targeted and accurate. For instance, administrators can access workers’ addresses, phone numbers, personal email addresses, job designations, etc. In short, companies can add any information they need, and this precision streamlines the VLOOKUP process.
Moving to the next page, administrators can select the employees or team members they need to share the report with.
Once all the information and necessary data have been added, the next step is the finalization and sharing of the report with the relevant employees.
Preview the report details before saving the details and sending it forward. This approach minimizes the possibility of errors and upholds the accuracy and integrity of the information being shared.
Paylocity Payroll Reports
Payroll reports are of different kinds, internal reports, and compliance reports being a few of them. Paylocity offers powerful tools to generate payroll reports and customize them as per the company’s criteria. The report generation process is similar as mentioned above but serves diverse benefits, including the following:
- Financial planning
- Tax compliance
- Detection of fraud
- Employee insights
- Paid Time Off (PTO) tracking
Collectively, all these reports play an essential role in ensuring efficient payroll management and greatly reducing potential errors.
Some of the tips that can help you create efficient and impactful reports are as follows:
- Define a clear purpose so you can tailor your reports to meet the target audience's needs
- Outline the important sections of the reports before you get down on creating them
- Double-check any critical information or data so there are no errors
- Review before saving the changes and sending the reports forward
Following the steps above, you can easily create reports on Paylocity and tailor them to the target audience’s needs. However, if you need more insight into the process, schedule a free Paylocity demo and learn more about the software!