Payroll Management modules and sub modules

  • 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.