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Online Payroll Administration |
Flexible Structure
building capability of Earnings & Deductions
- Flexibility to add or modify any number of Salary
Components
- User Defined Entry Field with unmatched flexibility
for Formula, percentage or Customised Calculation
- Taxable & Non Taxable Earnings
- Payslip / Non Payslip Component
- Calculation based on Attendance
- Monthly or Yearly Payments
- Also compute various other components that do not
appear in payslips
Leave & Attendance Management
- Leave Rules can be defined
- Increment of Leave on Pro-rata basis
- Carry forward facility for balance leave
- Encashment of Leave
- Leave utilized & balances can be checked
- CL, PL, SL, Compensatory & Customizable Leaves
- Automatic Leave payout on termination of Employees
- Swipe card / Attendance machine if any can be linked
to our sofware
Loans & Advance Management
- User Definable Loans/Advances
- Loan Disbursement option with EMI option
- Auto recovery of EMI & stops automatically
once the loan amount is fully recovered
- Auto calculation of Interest on Loans based on
Flat Interest, Reducing Balance
- Lumsum recovery of Loan
- Interest free Loan Perquisites as per Income Tax
- Loan Recovered, Loan Balances & Loans History
Payroll Processing
- Input information for all newly joined employees
and left employees
- Create a new payroll month & Process Salary
- Over-ride facility for any Salary components
- Salary on Hold & Freezing of Salary in case
of Termination of Employees
- Process by Exception - you only need to enter Pay
and/or deduction information when there are changes
- Pro-rata calculations for employees based on Absentism
- Process & Print Payslips for groups or for
selected employees
- Lock month facility to avoid changes in processed
data
Salary Reports (Pay slip & Salary
Sheet)
- Automatically calculates all the income, deductions & company
contributions as per the requirement
- Regular Pay slips (with Logo) can be viewed or
Emailed
- Reimbursement Pay slips can be viewed or Emailed
- User defined Salary Sheets can be viewed
- Generates Cash/Cheque/Bank Transfer List
- Generate Bank Statement, Direct Electronic Bank
transfer files & Covering Letter for Banks
- YTD salary Sheet & Summary of each employee
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