| Key Features of Payroll Outsourcing |
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Our services can be customized to user requirement. |
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All Statutory Deductions such as PF / ESI / Bonus / Gratuity / TDS / PT are taken care of. If the Payroll of more than one Location is managed pay slips can be defined depending on Location wise. |
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Employees can be referred either with Employee ID or Reference No. |
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No. of days in the month can be flexibly defined. |
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Each Branch wise working days can be defined. |
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No. of days present and No. of days on which Salary is calculated (Including Paid Leave) both are considered with formulating a field value. |
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Rounding off options & Carrying over of rounding off values to next month. |
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Leave Management – Tight Integration / Loose Integration. |
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OT Rate Calculation – Hourly basis or on Per day basis. |
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Multiple Branch Details in Single File. |
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PF / ESI / PT rate user definable on Monthly basis. |
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Arrears Calculation. |
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No restriction on Record Management Dates – Any no. of years data can be Managed. |
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User Definable Salary Heads. |
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Salary Definition on the Basis of Group / Scale. |
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Salary components can be defined as Inputs / Calculated Fields / OT. |
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Calculation of Salary Fields depends on Formulas / Slab. |
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Advance Management. |
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Leave Details Management with Unlimited No. of Leave Types. |
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Holiday Definition. |
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Increment. |
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Detailed Master Data Capture. |
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Company Master. |
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Employee Details. |
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Bank / Branch Details – For Bank Statement and for standing Instruction. |
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Basic and Essential HR Details. |
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Salary Definition on the Basis of Group / Scale. |
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Salary Components not considered in Regular Salary Sheet. |
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Strong TDS Computation Engine. |
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Salary calculation for the purpose of TDS Estimation. |
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Gross Salary Splitting – Tax planning. |
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Form 16, Form 12 BA & ETDS Generation. |
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Income Tax Computation. |
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Leave Travel Allowance. |
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Medical Reimbursement. |
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Library of Blank Statutory Reports. |
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Holding Salary of List of employees. |
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Locking Months. |
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Exporting Salary Details to Excel. |
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Creating new File from Existing Data. |
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Advance Employee Delete option. |
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Strong List of general utilities like Back up / Restore / Update. |
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Standing Instructions – Loan / SSS / Insurance / Group Insurance. |
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Pension. |