| Open
Ended |
 |
Multi
Company format with no restrictions |
|
Multi
Currency data handling |
|
Unlimited
number of employees, grades, branch, department etc. |
|
Unlimited
number of earning & deduction heads. |
|
Unlimited
User defined reports with no constraint on number of
columns. |
|
User
defined pay slip with company logoand other formatting
features. |
| Integrated |
|
Fully
integrated with muster & leave accounting, which
includes calculation of leaves carryovers, encashment,
etc. |
|
Allows creation
of various leave structures for various groups of employees
with different rules. |
|
Ability
to take care of any type of loans and advances. |
|
Enables
automated arrears calculation. |
|
Integrated
with Income Tax system with dynamic form generation. |
|
Handles termination of employee with ease. |
|
Ability
to classify employee’s branch/department/grade
wise. |
|
Statutory
requirements incorporated using built in tools to accommodate
future changes. |
|
Minimizes manual entry and calculations. |
|
Personnel
& HR needs can be handled efficiently as unlimited
user defined fields can be created to capture detailed
employee information along with their scanned photograph. |
|
Allows
creation of employee groups based on any parameter
such as grade, department, gross salary, attendance,
etc. |
|
Detailed
tracking of Payroll adjustments to YTD (Year To Date) |
| High
Speed Operations |
|
On-line, instantaneous processing of Pay-Slip. |
|
All reports
available immediately. |
| Adaptable |
|
User defined
head for Earnings & Deductions. |
|
User defined
formula & condition for each head. |
|
Ability to have grade, branch, department –
specific formula and condition with formula and condition
builder with easy drag & drop options. |
|
Ability for formula to refer to user-defined tables. |
|
Any number of reports as per need through in-built
report writers. |
|
User definable pay slip printing is possible. |
| Flexible |
|
Add / Delete the payment head at any time. |
|
Change the
employee grade/branch/department at any time. |
|
Formula or Condition of any head can be changed as
needed. |
|
Change format
of any installed report or forms at any time. |
| Ease
of Use |
|
Fully menu driven. |
|
All pay slip calculations fully Automatic & on-line. |
|
View Pay
slips on-line while entering data. |
|
Reminder
facility. |
|
Excellent
formula & condition builder for users. |
|
On-line html, easily navigable help & user defined
help available. |
| Focus
on Arrears Calculation |
|
A
powerful system that takes care of all complications
due to backdated adjustments. |
|
Allows cumulative
adjustments where increments are not immediately affected
are. |
| Security |
|
Access to
system through passwords. |
|
Ability
to freeze data through “audit-hold” features. |
|
Setting
Menu level permissions for Users. |
|
Setting
Event level permissions for Users. |
|
Setting
Control level permissions for Users. |
|
Maintenance of logs details. |
| Focus
on Income-Tax System |
| The
power packed Income-Tax module has the following capabilities: |
|
Records
Income Tax related information such as investments separately. |
|
Projections
of earnings for the remaining part of the year based
on income already earned. |
|
Calculates tax payable based on total estimated earnings
and other Income-Tax data as the total Income Tax
already cut and the deduction slab for the remaining
months. |
|
Making deductions in pay slip based on the above basis.
Recalculates and re-estimates the Income-Tax deduction
as above, any number of times, in any of the consequent
months. At the end of the year, a final deduction
based on actual figure is done. |
|
Prints Income-Tax
Estimation slip, From-16, Form-24, TDS certificates,
and all other related reports. |
