Payroll Management:
The payroll management module refers to the administration of employees financial records which includes the salaries, wages, bonuses, deductions, contributions and net pay. These records are maintained in compliance with FBR's withholding Tax slabs. The payroll module is integrated with biometric attendance and automatically applies impact of absent / late arrivals, leave without pay as per organizations policy
The payroll management module has been designed to cater the requirements of enterprise level customers from public or private sector. The Salary generation procedure passes through Audit and approval process. Calculates Budgetary impact and provides several checks to management to Block / unblock salary before processing monthly salaries. Hold/un-hold increments of some employees and apply on all others on few clicks.
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Generates monthly salary on few clicks. Accommodates Pay Scales, and annual increments. Adding annual increment is a matter of few clicks Integrated with Biometric Cloud Attendance |
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Auto deducts Absent, Late impact and leave without pay. |
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Auto prepares Pay Slips, Salary Ledger, Bank disbursement letters and Salary Voucher for posting in proper Chart of Account Heads. |
Loan / Advances Management:
Manage loan policies, employees entitlement based on different parameters. Loan requests go under approved process. System prepares installment plan and schedule for automatic recovery from monthly salary. Pay-slips display loan information and paid installments, all such transactions are automatically recorded in general ledger.
- Handles multiple Loan types and Group Loans i.e. Eid Loan etc.
- Allows Installment waver to individual or groups.
- Integrated with Payroll for auto-deduction of installment from monthly Salary.
- Auto deducts Loan Installment. Loan Installment can be waved if required.
- Prepares loan ledger for each employee separately.
- Maintains loan history.
- Automatically do ledger postings.