Benefits & Deductions Management
Based on grades, attendance, and other factors, parameterizations may be taxable or non taxable, percentage based or a fixed-amount
Long Term Benefits
Long term benefits or provident fund can be parameterized so that it is considered in salary automatically. Gratuity can be provisioned. Employees can be marked eligible for PF or as PF members.
Upload Facility
There is option to upload all your once off, individual and exception data from excel files to make your life easy. Also, there are options to upload employee personal and employment related information.
Other Features
There are a lot of features like maternity benefit calculation, final settlement calculation with reports, Journal voucher setup with reports and all kinds of audit trial reports for all changes in the salary structure.
Overtime Calculation or Integration with Attendance
Overtime can be uploaded or entered in to the system for Salary preparation.
Loan Management
Loans can be scheduled from the system with installment details so that system deducts loan instalments automatically. There is also option to shift the installments and early settle.
Salary Approval
Complete your Salary process in Minutes and send it for approval online so that approvers can check the reports online and approve from anywhere.
Bonus Parametrize & Disbursement
Bonus can be parametrized in the system with all types, number of disbursements, time of payment, with/without salary, flat amount/number of gross/number of basic and grade dependency.
Income Tax Management
Income tax is calculated very precisely as per government rules. There are options to parametrize all tax rules and design Tax Heads on the Tax calculation sheet. Tax calculation sheet, 108 Report and all tax related reports are provided from the system.
Salary Reports
Get all your salary reports like Pay-slip, Salary Sheet, Reconciliation report, Summary and many other reports from the system
