Payroll Management System
One of the important expenditures of any organization is employee salary. During salary
time various types of calculation is required on the part of teachers/staff. Along with addiction and
deduction, authority needs to prepare various types of reports as well. These important documents need
to be transparent and error-free. Salary system becomes complex if the organization's employee size is
bigger. Privacy and security of information is also a big issue in this line. All these complex tasks
can be very easily done by this module.
Characteristics & Advantages:
- Prepare salary structure based on National Salary Scale/Institutes Own Salary Scale.
- Automated Increment Facility.
- Easily deliverable of any bonuses including festival bonus.
- Addition/Deduction/Dues delivery of any accounts.
- PF/MPO/Gratuity Auto Posting.
- Loan processing through software.
- Joining-Retirement –wise Salary.
- Prepare automated master payroll sheet/bank advice, P.F advice, Loan advice etc.
- Prepare monthly pay –slip/yearly salary statement .
- Monthly/Yearly reports of all heads( salary/incentives/deduction etc).