![](https://info-track.com/wp-content/uploads/2020/05/payroll.png)
Rule and Component-based payroll with Formula Editor
- Salary calculations for pro-rata adjustments in salary structure, arrears, reimbursements and other payroll expenses
- Rule-based Payroll processing
- Define payroll structure for various categories of employees
- Component-based payroll processing/Formula Generator
- Weekly processing for seasonal employees Loans and Advances (Optional)
![](https://info-track.com/wp-content/uploads/2020/05/content-management-system.png)
Powerful processing
engine
Arrears Processing and Adjustments.
- Unpaid Wages
- Processing for Apprentices/Stipend
- Define new Allowances / Retaining allowance
- Next Rupee Adjustment, Carry Forward/Rounding off
![](https://info-track.com/wp-content/uploads/2020/05/exit.png)
Systematic employee exit management
Ensures smooth Separation and Full Final Settlement
- Health Club Reimbursement-Recovery
- Notice Pay Recovery
- Mobile Recovery
- Car Recovery
- Flat Deposit Recovery
- Leave encashment
- Notice Period
- Loans recovery
![](https://info-track.com/wp-content/uploads/2020/04/payroll.png)
Multiple levels of Pay Structure Inheritance
- Pay Structures at various levels and categories
- Create different pay structure within the same category.
- Provision for catering to multiple union agreements (Optional)
![](https://info-track.com/wp-content/uploads/2020/05/compliance.png)
Straight-forward statutory compliance
- Steer your business clear of compliance penalties.
- Generate Form 16 for employees to submit income tax returns.
- Incorporate statutory components (PF,ESI,PT, Income tax) as per Indian law
![](https://info-track.com/wp-content/uploads/2020/05/stats.png)
Employee Self
Service
- Secured salary payslips, payroll related claims, reimbursement and tax computation worksheets with passwords.
- Access payslips online on web or mobile in a ready-to-download PDF format.
![](https://info-track.com/wp-content/uploads/2020/05/audit.png)
Audit trail reports
Follow what’s happening in your payroll department with detailed audit reports. From recent pay runs to updated employee records, you can review every transaction performed
![](https://info-track.com/wp-content/uploads/2020/05/benefit.png)
Account for labour welfare fund
Process LWF automatically for employees. The system calculates and makes the right contributions across all the states.
![](https://info-track.com/wp-content/uploads/2020/05/decision.png)
Decision Support System – DSS
- Powerful payroll reports for data-driven decision making
- Visualize your organization’s payroll information with various dashboards
![](https://info-track.com/wp-content/uploads/2020/05/benefit-1.png)
Benefits Management
- Simplify and streamline your online benefits management for
- LTA /LTC
- Medical Reimbursements
![](https://info-track.com/wp-content/uploads/2020/05/salary.png)
Automated gratuity settlement
Acknowledge efforts of your long-serving staff. With automated gratuity calculation, let your parting employees reap their rewards immediately.
![](https://info-track.com/wp-content/uploads/2020/04/money.png)
Access Payslips ON the go
- We have made payslips available on mobile now, to make life simpler
![](https://info-track.com/wp-content/uploads/2020/05/team.png)
Open-ended Powerful integrations for smarter collaboration
Direct Integrations with attendance, Leaves and payroll software ensuring accuracy in salary payable(Optional)
Ensure accurate data transfer with a comprehensive payroll system implementation process
- Voucher Generation
- Bank Transfers
![](https://info-track.com/wp-content/uploads/2020/04/assets.png)
Loan management
Support your employees’ financial needs with loans and track them automatically until they’re repaid. Loan instalments are periodically deducted from your employees’ pay, and real-time notifications keep everyone in the loop. Various Loans Processing – Staff Loan, Foundation Loan, etc. and Advances – Festival, Salary Advance, Vehicle Advances, Advance – expenses, Advance Travel, etc.
Payroll Sub Modules
![](https://info-track.com/wp-content/uploads/2020/06/Payroll_Suite_module.png)