Payroll is a method of administering employees' salaries in an organization. The process consists of calculation of employee salaries and tax deductions, administrating employee benefits and payment of salaries. Payroll system can also be called as an accounts activity which commences the salary administration of employees in the organization. Our Payroll Management System is fully integrated with accounts and give’s the benefits of simplified Payroll processing and accounting.
Following are the features in payroll management:1. It saves and provides complete information of employee’s profile with detailed employee report, employee monthly salary report, monthly EPF / ETF report, employee list department, designation, category and section wises.
2. This applications helps to maintain pay slips, pay sheets, pay summaries, salary advancement’s, fixed allowance and deductions, monthly allowance and deduction’s, over time calculation’s, no pay deduction, payee tax report, OT, no pay detailed report, late minutes deduction report, signature sheets, loan maintenance, coin analysis, salary pay to bank
3. It provides auto-fill facility to accelerate the attendance, payroll & employer contributions processes.
4. It guarantees an accurate salary processing, employee statutory deductions & employer statutory contributions with the help of predefined processes.
5. It supports user-defined production units i.e., attendance, production & time based units.
6. It provides the facility to create user-defined earnings and deductions pay heads.
Statutory Reports:- 01 Salary Register
- 02 ESIC Challan
- 03 ESIC FORMS Form 6 & 7
- 04 PF Challan
- 05 PF FORMS Form 3a , 5 ,6a ,9 ,10 ,12a
- 06 E.D.L.I. Form 4
- 07 PENSION Form 6 , 7 & 8
- 08 Prof. Tax FORMS Form 3 Part 1
- 09 ITNS Challan 271 / 280
- 10 Income Tax FORMS Form 16a , Form 16AA , 12BA , 24 , eTDS Form 24 & Form 24Q
- 11 Wage Register
IncomeTax Calculation:Income Tax Projection with expected TDS to be deducted from the current Month's Salary. Generation of Form 16 , Form 16AA, Form 12 BA , Form 24 and ITNS 271 / 280 Challan of Income Tax.
Generation of e-TDS Form 24, Form 24Q and Form 27A
Provision for considering past emoluments in case an employee joins during the year.
Provision for storing projected investment amount declared by the employee . Reports on variance between declared and made investment.
Auto Perk Calculation for Sub-Loan Interest , Accommodation , Car etc.
Exemption Calculation for HRA , Medical , LTA etc.
