Every Company process payroll for its employees; as a company grows manual processing becomes difficult. We should design the software which can meet all the requirements of the user; there is no need of manual entries, automatic generation of reports and capable of easy customization.Payroll system is an integral part of an organization.The Payroll system should take care of calculation of salary as per rules of the Company, statutory compliances like Provident Fund, ESIC, etc.
The Salary Payroll system should be able to generate Pay slips, Attendance and Salary summary and other MIS reports.
Payroll is a method of administering employee's salaries in an organization.
The process consists of calculation of employee salaries and miscellaneous deductions, administrating employee benefits and payment of salaries.
Pre Defined Salary Heads - Basic, HRA, Conveyance, CCA, Incentive, Others.
Statutory Deduction Heads - PF, ESI, Labor Welfare Fund.
Other Deduction Heads - Advance, Loan, Others.