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Payroll Accounting Module  

Payroll data and information has assumed great significance and usage as a separate entity altogether due to the enormous complexity of its data and information. The quantity level is so high that only a well-devised Independent module remains effective to cobble it together and put a well scripted report of its position, past, present and future.

Our module possess a flexible and simple methodology of data and information to help your firm generate positive online chart of your requirements and enable you to take positive decisions that benefits your firm. You cannot get a better PAYROLL data information and when you get one from our module, your day is made…….

OBJECTIVE
A well-devised module that manages the payroll accounting functions of an organisation in a meticulous manner and ensures its compliance with statutory requirements such as income tax, provident fund, etc. Well-structured and devised it tackles diverse issues such as promotions, transfers, deputation, leave, etc, and it provides reports on the details of employees.

FUNCTIONS
Maintain master
 
Maintaining employee particulars.
Maintaining employee codes.
Maintaining pay-account code mapping.
Scheduled reports.
Maintaining claims-settlement details
 
Maintaining claims.
Maintaining sundry payment and recovery details.
Settling claims.
Maintaining advances and settlement details
 
Generating advance ledgers.
Generating loan ledgers.
Securing advances.
Maintaining leave information
 
Shift and overtime details.
Leave advances.
Leave-change details.
Monthly payroll
 
Configuring payroll systems.
Computing payrolls.
Generating payroll transaction details.
Undoing payrolls.
Month-end processing
 
Generating salary vouchers.
Updating monthly data.
Savings and income-tax details
 
Maintaining earnings and deductions details.
Generating yearly income forms.
Projecting income-tax liabilities.
Maintaining tax savings.
Reports
 
Salary pay slips.
Bank / cash schedules.
Pay-transaction details.
External system configuration
 
Payroll options.
Default payment modes for advances, allowances, loans, etc.
Mandatory payment modes.
Financial calendar.
Leave calendar.
Shift and overtime details generation
 
Monthly shift details.
Monthly overtime details.
Loan information maintenance
 
Employee loan details.
Repayment details.
Repayment modes such as equated monthly instalment, reducing balance, principal first, interest first, etc.

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