• Rule-based Payroll processing
  • Define payroll structure for various categories employees
  • Component-based payroll processing/Formula Generator
  • Linkage of presentism and absentism to Payroll /Attendance linked payroll (Optional) – Salary payable
  • Weekly processing for seasonal employees Loans and Advances (Optional)
  • Provision for catering to multiple union agreements (Optional)
  • Pay Structures at various levels and categories
  • Provision for creating different pay structure within the same category.
  • Statutory Requirements
  • Income Tax Calculation
  • PF , ESIC and Professional Tax
  • Generates PF and ESI Challans
  • Employee-wise Investment Details
  • U/S 10        * POA
  • U/S 80        * POC
  • U/S 88           * Other Perquisites
  • Form 16 and Form 24
  • LTA /LTC
  • Loans Processing – Staff Loan, Foundation Loan, etc.
  • Advances – Festival, Salary Advance, Vehicle Advances, Advance – expenses, Advance Travel, etc.
  • Bonus
  • Leave Encashment, Incentives, etc.
  • Loss of Pay
  • Overtime as per Labour Laws / Overtime Approvals
  • Arrears Processing and Adjustments.
  • Manpower Cost – location, unit, category-wise
  • Consolidation – location-wise, department-wise, etc.
  • Labour Welfare Fund
  • Medical Reimbursements
  • Long Term Deductions
  • Separation and Final Settlement
  • Provision for definition of components not paid thru Other Interfaces such as Canteen, Credit Society, etc.
  • Welfare Funds, Benevolent Funds, etc.
  • Gratuity, Pension, Superannuation
  • Voucher Generation
  • Bank Transfers
  • Define new Allowances / Retaining allowance
  • Next Rupee Adjustment, Carry Forward/Rounding off
  • Unpaid Wages
  • Processing for Apprentices/Stipend
  • Variance Analysis
  • Audit Trails
  • Full and Final Settlement
    • Hard Furnishing recovery
    • Health Club Reimbursement-Recovery
    • Notice Pay Recovery
    • Mobile Recovery
    • Car Recovery
    • Flat Deposit Recovery
    • Leave encashment
    • Notice Period
    • Loans recovery

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