Cloud-Payroll software is integrated with accounts, HRMS. It manages employee salary sheet considering leave, overtime, loan, advance salary, late & absent fine, deduction, provident fund, tax etc. It produces pay slip, monthly salary sheet, bank transfer instruction, provident fund report. When salary disbursement done employee will notify via SMS or get pay slip in email.

Module Components

  • Overtime process
  • Absent & Late fine process
  • Loan settlement process
  • Salary Process
    1. Dynamic Payroll Item Setting
    2. Employee Pay setting
    3. Payroll Approval
    4. Monthly Add/Deduction
    5. Salary Process
    6. Salary Sheet
    7. Pay Slip
    8. Provident Fund
    9. Bank Transfer Sheet
    10. MIS Report
  • Tax Calculation:
    1. Government ordinance information
    2. Tax Quota
    3. Tax Item
    4. Tax Slab
    5. Tax Limit
    6. Employee Investment
    7. TDS (Tax Deduction Sheet)

Key features:

  • Fingerprint data wise late/absent fine calculation
  • HRMS approved overtime, advance, loan installment wise salary generation
  • Government rules wise income tax calculation according to tax slab
  • Tax file generation according to tax examption
  • Auto account voucher entry from salary process
  • Dashboard for top management
  • Email & SMS notification of pay slip generation
  • Mobile, Tab, PC based operation
  • Simplicity: easy navigation & operation
  • Interactive business analysis report generation in 360 degree report view (BI tools)
  • Data are backup in 3 location in cloud environment for protect business information from digester in fire, stolen, robbery, etc.

Business features of Payroll

  • Payroll module is integrated with accounts and HRMS.
  • It manages each employee's ledger like bank statement of salary and payment. It produces pay slip, monthly salary sheet, overtime, provident fund, loan etc.
  • According to employee agreement pay items are set like basic, medical, house rent, provident fund, Phone bill allowance, transport allowance etc.
  • With HR admin approval each month salary approval list is prepared.
  • As per predefined setting each approved employee's salary sheet are created by a single click.
  • Accountant can print the pay slip and after taking sign he can provide payment.
  • This payment reflects on account module and generate ledger for each employee like bank statement.
  • When salary disbursement done employee will notify via SMS/email.
  • Provident fund calculation of employee contribution and company contributions as per defined rules
  • System can also generate bank account transfer request letter as per pre-defined salary account head.
  • Loan Disbursement option with EMI option with loan recovery and due report with loan ledger.
  • Online submission of Loan Application and supporting workflow.