---
title: "Annualization Report"
description: "This article helps you on how to generate the annualization report for the annualized tax"
url: https://helpdesk.aanyahr.com/en/articles/391-annualization-report
collection: "Annual Reports"
updated: 2024-11-28
language: en
---

# Annualization Report

This article helps you on how to generate the annualization report for the annualized tax

1.  Go to your AanyaHR and log-in your account
    
2.  Go to Payroll > Reports > Annual Reports > Annualization  
      
    
    ![](https://staticfiles.gleap.io/ghelparticle/2h7n4Lc7D4H9hENVs0wXWbo3kOib9o0gbJ5HGHCYqeOpwl2rQbriGolrOWvjQOgUVZi5lILFCb4.jpg)
3.  Fill up the necessary informations for annualization  
      
      
    **Company**: Select the company to extract the annualized report  
      
    **Year**: The coverage year  
      
    **Divide Tax Payable By**: Indicate the number of cut-off's for equal deduction of annualized tax.
    
    **13th month pay**: The calculation basis of the 13th month pay.  
      
    **Exclude Tax From**: Select the preferred payroll cut-off to exclude in actual tax payable.
    
    **Project Govcon**: Select "Yes" to project govcon for the remaining cut-off or months that are not yet processed. "No" if not preferred to project the Govcon.
    
    **Employee Status**: Select the status of employees to extract, if "Active," "On-Hold," or "Resign."  
    
    ![](https://staticfiles.gleap.io/ghelparticle/BFpHAZmQSwj9mGP2Zuym5Cmz3ScUionQ2A7Jw2zNwusW6x1zyvaljKpfe93eWYNM6U8SLkteW6G.JPG)
    
    ![](https://staticfiles.gleap.io/ghelparticle/7ZLi3B8yNcrO4BtPqGmLaUJTr9eiCCg4pNxQqskeAKoj0PYvGLZVd6fwTpjLCjQssyMmGsVXjeg.JPG)
    
      
    
4.  Click the view report to extract.
    
    ![](https://staticfiles.gleap.io/ghelparticle/faVF5mmrbb4xB6fTrLgHjNfysMb7EKS1vIZSH43n6doj5lP19C3wLnwlwhfdLf1xTWFohztepZb.JPG)
5.  Go to export icon and select excel  
      
    
    ![](https://staticfiles.gleap.io/ghelparticle/Ss802CnlSkm24fDgocs15aAo4vq2QSGjgplrOjDwRFeaiVghUyuJ0xD54cZDny5bsu1BvXqj4Of.jpg)
    
      
    
6.  Save the file. Kindly check the downloads folder for the downloaded file.  
    The report consists of the following details:
    
    **Company  
    Employee ID  
    Employee's Last and First Name  
    Date of Employment  
    Employee Status:** Status if Active, Hold or Inactive  
    
    ![](https://staticfiles.gleap.io/ghelparticle/VBjdLe87RfQMLo5VKNhTND1m3tKptJm9hudseDx5lZbV3hCFLeed9UZQzMAQasITLEfo3PueEPl.JPG)
    
      
    **Prev De Minimis:** De Minimis in previous employer based on the uploaded 2316.  
      
    **De Minimis:** De Minimis paid by his current employer.  
    
    ![](https://staticfiles.gleap.io/ghelparticle/VaxSANMCE0tvOof03E5cI7VtduzTAdvSuKyu4Gfkeej3aDseim6G4FYguV3S0yWN7FOqoOvcIg8.JPG)
    
      
    **Prev 13th Month and others:** 13th month pay in previous employer based on the uploaded 2316.  
      
    **Non-taxable 13th month paid:** 13th month pay covered by 90k threshold.  
    **Taxable 13th month Paid:** 13th month pay in excess of 90k threshold.  
      
    **90K Threshold**: Other earnings under 90K Threshold or "NT 13th month and others" Category.  
    
    ![](https://staticfiles.gleap.io/ghelparticle/8qLN3hqpriiRIYVj9IkHacdENQALkCAgnlWlUCGklgWPWYAn1I6EMd6fVpCY42FlCWSNWw2mBeu.JPG)
    
      
    **Projected Non-Taxable 13th month pay**: For employees with projected 13th month pay below 90,000  
      
    **Projected Taxable 13th month pay**: For employees with projected 13th month pay that exceeds 90,000  
      
    **Total 13th month pay and Others:** Total of 13th month pay including the projected, previous employer 13th month pay and 90k threshold  
      
    **Excess of 90k Threshold:** In excess of 90k threshold  
    
    ![](https://staticfiles.gleap.io/ghelparticle/jtpAExgAlkA1gUwb2xUhP9ALsl4KzQDNuQi47e9dA5yjUhxRn2DbEvBRqq2LxLPVdOkyrJch1s4.JPG)
    
      
    **Current Month Basic**: Projected basic for the month as of the current date.  
    For example, if the report was extracted on November 1 and no payroll was processed for the month of November, the basic income for the month of November will be reflected as "Current Month Basic."  
      
    **Current Month Tx Earnings**: Projected taxable recurring earnings for the month as of the current date.  
    For example, if the report was extracted on November 1 and no payroll was processed for the month of November, the recurring taxable earnings for the month of November will be reflected as "Current Month Tx Earnings."  
      
    **Projected Month Basic**: Total projected basic for the succeeding months.  
      
    **Projected Month Tx Earnings:** Total projected taxable recurring earnings for the succeeding months.  
    
    ![](https://staticfiles.gleap.io/ghelparticle/B4jUaQ3u33PfT9iv8HnllpHjHETV2P62hXS3ADrZzPXd0KqkOpy7pXtLlqGOXUu0hbAwNnP0VRW.JPG)
    
      
    **Gross Income**: Total gross taxable income as of todate.  
      
    **Gov't Contributions:** Total gov't contributions as of todate.  
      
    **Current Month Gov't Contribution:** Projected government contribution for the month.  
      
    **Projected Month Gov't Contribution:** Projected government contribution for the succeeding months.  
    **Prev Net Taxable Income:** Net Taxable Income in previous employer based on the uploaded 2316.  
    
    ![](https://staticfiles.gleap.io/ghelparticle/AEbknBekk3RBMeRUE0IcqbzJKfCbWLR9HJxlp3x2yHP0lDqHTpJKXziSO0uPzMfkP3grsahyYF8.JPG)
    
      
    **Net Taxable:** Sum of gross income plus the projected basic, 13th month pay, earnings prev taxable income less the government contributions and projected contributions (if any).  
    **Estimated Tax Due:** Tax due calculated based on the net taxable compensation.  
      
    **Prev Tax Wheld:** Tax withheld in previous employer based on the uploaded 2316.  
      
    **Actual Tax Wheld:** Total tax deducted to employee within the year.  
      
    **Total Tax Wheld:** Sum of prev tax and actual tax withheld.  
      
    **Tax Refund:** The excess in total actual tax withheld if deducted from the estimated tax due.  
      
    **Tax Payable:** If the total actual tax withheld is less than the estimated tax due.  
    
    ![](https://staticfiles.gleap.io/ghelparticle/YpNvwyyeAkp8AMmvA47ymm6hFwqOOJ99vmekVvS7hKDuIzHvRsOKYtPdZyT8jKAf07NCF1Qs8IV.JPG)
    
      
    **Average Tax:** Average tax based on the semi-monthly or monthly tax payable.  
      
    **Average Net Pay:** Average net pay based on the semi-monthly or monthly tax payable.  
    
    ![](https://staticfiles.gleap.io/ghelparticle/uIN7iJPLq6P3Qz4NrVp9bOCf8OpzOwqt1J9bYOxORfZ2Yc1AgTlTF5eC5JzHJZ7UkdtTTjqG9Qe.JPG)

7.  In the Annualization report, there is another sheet for govcon to upload the annualized tax in payroll, equally divided by the number of pay-outs indicated while extracting the report  
    (see item #3).  
      
    
    ![](https://staticfiles.gleap.io/ghelparticle/bnfP6NFezXX2bdhffRgJPRTIXEn87lnHJF2T4qQRYhHIdyM9IU3Py2dMUNiipSLInks8NqVonTj.jpg)
    
      
      
    **Recurr Start and Recurr End**: Kindly indicate the recurr period or the payroll cut-off to include the annualized tax.
    
    **Frequency**: Indicate the frequency, e.g 1st cut-off, 2nd cut-off, Both , 15th , 30th, etc.
    
    **Pay-out type**: The payroll run type to process where the annualized tax will be included. For example, Regular, Special Run, Final Pay, 13th month
    
      
    
    ![](https://staticfiles.gleap.io/ghelparticle/P0oD0aZ5gR3AP42F6XkhjEm00eAxH1I5mFYkl7awYpGc3O7v3QVvjzUVtXA3McpDUVx9oqOX08V.jpg)
    
    ![](https://staticfiles.gleap.io/ghelparticle/EswollnGgbC6Hu0hYcNRzC5Im68fOpGUnZEWcEkRF7BUpy4cfWri4ZjKIPhrOO09v92lUQ1986M.jpg)
    
      
      
    
8.  The govcon sheet should be uploaded to govcon in payroll run to be incorporated into the payroll.  
    Kindly click the save, and it will be saved on the left side.  
    
    ![](https://staticfiles.gleap.io/ghelparticle/zufXS0xRsrzU9wJnzatQDR7EzHl9IMrMZZwm26tzV8FMUvj9iKD0cIigVUlDLpv4AtnhYk2GjMT.jpg)
    
    ![](https://staticfiles.gleap.io/ghelparticle/IZVVCc7HBFGhpLS4Kpst0YEcCMgFBqNPCf6jzrwO21BRdgSTxzr5I1bzNKu9ZAnTv6sMBSbA3ec.jpg)