Kwanta: gross salary in kwanzas from net pay in dollars or euros
Kwanta is a Sevways add-on for Cegid PRIMAVERA that calculates the gross salary in kwanzas for employees hired on a net salary in dollars or euros. The calculation is done in bulk, within the payroll run, using the month's exchange rate. It is for companies in Angola with employees, local or expatriate, whose contract sets the net salary in foreign currency. Sevways sells, implements and supports it.
- 01
From net to gross
Net pay agreed in USD or EUR, gross calculated in AKZ.
- 02
All at once
Employees paid in foreign currency processed in bulk, without working them out one by one.
- 03
Inside PRIMAVERA
In the payroll run the company already uses.
In summary
- Type
- Add-on for Cegid PRIMAVERA (Human Resources)
- Former name
- Gross-up
- Developed by
- Sevways
- Currencies
- Net in USD or EUR, gross in AKZ
- Status
- Available
- Services
- Sales, implementation and support
Who Kwanta is for
Companies with salaries in foreign currency
Employees whose contract sets their net salary in dollars or euros.
Human resources teams using PRIMAVERA
Teams that run payroll in Cegid PRIMAVERA and currently calculate these employees' gross pay outside the system, by trial and error.
From contracted net pay to gross in kwanzas
Kwanta works backwards: it starts from the net pay the employee must receive and arrives at the gross that, after deductions, guarantees it.
What Kwanta does
Gross in AKZ from net in foreign currency
Calculates the gross salary in kwanzas that guarantees the net amount agreed in USD or EUR.
Bulk processing
Brings together all employees with a foreign-currency salary and processes them in the same step.
Exchange rate and each employee's record
Applies the exchange rate entered in the payroll run, each record's configuration and the month's changes.
Native integration
Works in the Human Resources module of Cegid PRIMAVERA, with the same integration model as electronic invoicing.
Kwanta and the alternatives
Without an add-on, gross pay for salaries agreed in foreign currency is calculated outside the system or with in-house development.
| Excel and manual calculation | Standard PRIMAVERA functionality | Custom development | Kwanta | |
|---|---|---|---|---|
| Gross in AKZ from net in USD or EUR | partly | no | yes | yes |
| Bulk calculation in the same payroll run | no | no | yes | yes |
| Calculation within the payroll run | no | no | partly | yes |
| No from-scratch development | yes | yes | no | yes |
| Support after go-live | no | yes | partly | yes |
What we do with Kwanta
Sale
We sell Kwanta to companies that process payroll in Cegid PRIMAVERA.
Implementation
We install the add-on and configure the employees with net salaries in foreign currency.
Support
We follow the first payroll runs and answer questions after go-live.
To get started
- Assessmentemployees with net salaries in USD or EUR
- Installationthe add-on in the Human Resources module of Cegid PRIMAVERA
- Employee configurationeach person's agreed net salary and currency
- First payroll runcheck the calculated gross pay with the team
The duration of each step is set in the assessment.
Frequently asked questions about Kwanta
What is Kwanta?
It is a Sevways add-on for Cegid PRIMAVERA that calculates in bulk the gross salary in kwanzas for employees whose net salary is agreed in dollars or euros.
Is Kwanta the same as Gross-up?
Yes. The add-on was called Gross-up and has been renamed Kwanta.
What is salary gross-up?
It is the reverse calculation: it starts from the net salary the employee must receive and determines the gross needed, after taxes and deductions.
Which currencies does it calculate the gross salary for?
It starts from net salaries in dollars (USD) or euros (EUR) and calculates the gross in kwanzas (AKZ), using the exchange rate entered in the payroll run.
Do I need Cegid PRIMAVERA?
Yes. Kwanta is an add-on for Cegid PRIMAVERA payroll.
See Kwanta in action
We show how gross pay in kwanzas is calculated in Cegid PRIMAVERA payroll processing.
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