Payroll is a method of administering employees' salaries in an organization. The process consists of a calculation of employee salaries and tax deductions, administrating employee benefits and payment of salaries. Payroll system can also be called as an account activity which commences the salary administration of employees in the organization.
- It saves and provides complete information of employee’s profile with a detailed employee report, employee monthly salary report, employee list department, designation, category and section wises.
- It provides auto-fill facility to accelerate the attendance, payroll & employer contributions processes.
- It guarantees an accurate salary processing, employer statutory deductions & employer statutory contributions with the help of predefined processes.
- It supports user-defined production units, i.e., attendance, production & time based units.
- It provides the facility to create user-defined earnings and deductions pay heads.