| For many businesses, after product expenses, payroll
is the largest cost associated with doing business as business depends
on your employees and your ability to manage that cost. By implementing
this software, your employees will always be paid in timely and accurate
manner and you will be provided with extensive and concise payroll
reports. Payroll System takes inputs like employee name, code, and
salary, PF details, Loan details, and salary break-up from the Personnel
Information System and the number of days worked from the attendance
System. However, if required, it can be customized to work as an independent
system. The system can also be linked to a tax calculator to calculate
the tax liabilities of employees. |
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Automation of payroll process while ensuring
accuracy, timeliness and manageability. |
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To prepare the detailed salary record of all the employees
within an organization. |
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To generate Pay-In-Slip and Auto generation of salary
calculation. |
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Total PF accounting. |
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To calculate loan details. |
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To calculate the TDS for each employee. |
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To maintain Allowances, Deductions, Loans,
Savings and Arrears details. |
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To generate reports in user-defined formats
that provide valuable information to the top level management. |
| Features of the Application: |
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Maintains records of the various components
of salary. |
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Categories the salary components on the basis of allowances/deductions.
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Generates Salary Sheet and Salary Slip of all as well
as individual employees. |
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Generates various important reports like tax reports,
HRA report etc. |
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Generates details of PF accounting, loan accounting. |
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Monthly Salary Sheet. |
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Yearly Summary Report. |
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PF Statement. |
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Employee VPF Statement. |
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Loan Statement. |
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HRR report. |
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IT deduction Report. |
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Arrears Report. |
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Cost saving due to lesser manpower required
handling the task. |
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Reduced paperwork. |
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Implementation of this software results into fever
complaints from employees. |
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