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Payroll

Handling payroll efficiently is crucial for maintaining employee satisfaction and complying with statutory requirements. Our Payroll module streamlines the entire payroll process from salary computation to tax deductions and disbursement. It ensures that your workforce is paid accurately and on time, with minimal manual intervention.

Key Features

Comprehensive Salary Structure

Allows you to define flexible salary components for different employee categories, including basic pay, allowances, bonuses, and deductions.

Compliance Management

Supports statutory deductions such as PF, PT, ESI, and LWF, with automated generation of required forms like Form 16.

Batch Payroll Processing

Process payroll for all employees at once or for specific batches like new joiners or full-and-final settlements.

Integration with Leave & Attendance

Automatically syncs attendance and leave data to adjust pay for late arrivals, overtime, and loss of pay (LOP).

Payslip Generation

Customize payslip formats to include detailed breakdowns and company branding.

Automated Tax Calculations

Supports both old and new tax regimes, investment declarations, and tax projections.

How It Works

Once attendance, leave, and other employee inputs (like bonuses or advances) are finalized, the Payroll module calculates net pay based on predefined salary structures. It applies necessary deductions, generates payslips, and prepares statutory compliance reports. Integration with banking software allows for seamless salary transfers, while real-time dashboards help track payroll costs and employee earnings.

Benefits

  • Accuracy & Efficiency
    Automates the entire payroll process, reducing human error and ensuring timely payments.
  • Statutory Compliance
    Simplifies compliance with local tax laws, ensuring that deductions and filings are accurate.
  • Employee Satisfaction
    Timely and accurate salary payments increase employee morale and trust.
  • Detailed Reporting
    Generates comprehensive reports, including bank files, JV reports, and variance reports for payroll review.

Frequently Asked Questions

Can payroll handle multiple salary structures for different employee levels?
Yes, the module allows for fully customizable salary structures for different departments, locations, or employee levels.
Does the module automatically calculate and apply statutory deductions?
Yes, it calculates PF, ESI, PT, LWF, and other statutory deductions automatically.
Can payroll be processed for employees in remote locations?
Absolutely! Payroll can be processed for employees in any location, with all necessary data gathered through our integrated system.

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