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