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Payroll system is the heart of any Human Resource System of an Organization. The solution has to take care of calculation of salary as per rules of the Company, Income-Tax calculation and various deductions to be done from salary including statutory deductions like Income Tax and Provident Fund deductions. It has to generate pay-slip, cheque summary and MIS reports. |
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| Payroll System |
Employee Information System |
- Employee Information System
- Attendance and Leave Management
- Earning & Deductions
- Loan Accounting System
- Investments
- Payroll Processing
- Reporting & Analysis
- Security and Administration
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- Personal Information
- Family Information
- Qualification
- Experience
- Health Information
- Bank Account
- Company Information
- Leave Eligibility
- Salary
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Earning & Deductions |
- Earning Types
# Regular (e.g. Basic, Conveyance, HRA etc.)
# Adhoc (e.g. Bonus, Performance Incentives etc.)
- Earning Definition
# Grade-wise or Employee-wise
# Fixed Value or Formula based
# Monthly or Yearly
# Accumulation
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- Statutory Deductions
# PF
# EPS
# Income Tax
- Other Deduction
# Adhoc (e.g. Loans, Advances etc.)
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| Loans and Advances |
Employee Investments |
- Loan Types
- Loan Eligibility
- Loan Management
# Application
# Balance Tracking
# Recovery
- Loan Disbursement to Institutions
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- Investment Definition
# Investment types
# Investment limits
- Investment Management
# Proposed Investments
# Actual Investments
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| Reports |
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- Payslip
- Attendance Register
- Department-wise Salary
- Employee-wise Salary
- Salary Disbursement
- Income Tax Statement
- Form No 16
- Loan Statement
- Loan Letter
- PF Contribution
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