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.
The Payroll Management System deals with the financial aspects of employee's salary, allowances, deductions, gross pay, net pay etc. and generation of pay-slips for a specific period. 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.
Our Payroll Management System enable you to:
- Manage Employee Information Efficiently.
- Define the emoluments, deductions, leave etc
- Generate Pay-Slip at the convenience of a mouse click.
- Generate and Manage the Payroll Processes according to the Salary Structure assigned to the employee.
- Generate all the Reports related to employee, attendance/leave, payroll etc
- It provides the facility to create user-defined earnings and deductions pay heads
The main part of Payroll Management System:
Admin : is the one who creates/edit a master data i.e. department staff detail. Admin would assign roles & privileges to members for accessing the proposed solution.
HR Department : is the one who would enter all the records, process the payroll and generates reports (Statutory reports).
Account Department : It is responsible for all employee finance related transactions like, loan, advances, Salary generation, Deductions, PF management, forms, and other related reports & Entries.
Management : will be able to view all reports generated through departments (HR, Ac) and Admin.