Payroll Management software

Payroll Specialist is very easy, flexible and user-friendly Payroll Management software for India that takes care of all your requirements relating to management of employee’s Payroll. This payroll Software, offers user defined Earning / Deduction / Loan Heads & Calculation Tables. The Software generates all the outputs & statutory reports required by a Payroll application. Payroll Management Software covers all legal requirements PF, TDS, ESIC , Professional Tax. Most of the legal calculations are parameterized. Also regular upgrades are provided for changes in the laws. Payroll management Software helps in managing the all payroll department activities like attendance, salary generation, leave management, loan & advance scheduling / management, pf, esi & other deductions, allowances, promotion & appraisal.

Key Features

  • Flexibility to add or modify any number of Salary Components – Earnings & Deductions.
  • Calculation based on Attendance.
  • Monthly or Yearly Payments.
  • Input information for all newly joined employees and resign left employees.
  • Create a new payroll month & Process Salary.
  • Salary on Hold & Freezing of Salary in case of Termination of Employees.
  • Pro-rata calculations for employees based on Absenteeism.
  • Process & Print Pay slips for groups or for selected employees.
  • Lock month facility to avoid changes in Processed Data.
  • Data importing from Excel.
  • Multi User/ User Level Access.
payroll management software
  • Report Writer to add/ modify user defined reports with available fields.
  • User defined PF/ ESIC rate of deduction for Employee and Employer.
  • PF applicability at Employee level.
  • Complete drilldown of monthly salary, employee wise yearly salary details are available on screen.
  • Manage your own Security.
  • Computerized payroll eliminates the stress of processing all the records.
  • Payroll Software helps save much time.
  • Output reports to screen, printer, MS Word ,PDF & Excel.
  • Option to preview Payslips / Salary Sheets or any other reports on screen before final printing.
  • Print Transaction & Master History for any period.
  • Generating report is made easy with an advanced filter function to select the relevant
    employees or groups for the report.
  • Prints any of our report for the previous periods.

Salary Components/Heads

  • Flexibility to add n number of Earning/ Deduction Components.
  • Components can be fixed or Formula base.
  • Prorata calculation option available.
  • Option to print in payslip (yes/no).

Employee Management

  • Support to unlimited number of employees in single company.
  • Employee details caneasily be maintained like (Location, Department, Grade, Designation)
    with Personal details and Educational Qualifications also.
  • Employee Payment details can be easily managed .
  • Employee Salary details will be managed with history of increments .
  • Employee Bank details can be easily managed with bank account numbers.
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Leave Attendence

  • Leave rules can be defined
  • Facility to define CL, SL, PL and user defined leaves
  • Monthly/Yearly increment option is available

Loan/Advanced

  • Facility to add any number of user defined Loan and Advances.
  • Automatic recovery of Loan/Advances installment amount in salary processing.
  • Automatic interest calculation for Loan.
  • Automatic calculation for Perquisite (interest free loan) for Tax Calculation.
  • Freeze of Installment after complete recovery automatically.

PF

  • Calculation of Employee & Employer part during salary processing.
  • PF Sheet/ Summary can be prepared.
  • Automatic preparation of ECR( Electronic Challan Cum Return ) file for filing.
  • PF Form 5, 10, Challan, 12A can be pulled out with single click of button.
  • Yearly PF Form 3A and 6A available.
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ESIC

  • Calculation of Employee & Employer part during salary processing.
  • ESIC Sheet/ Summary can be prepared.
  • Automatic preparation of Excel template for monthly filing.
  • ESIC Challan can be prepared with ESIC Form 5 & 7.

Professional Tax

  • Option to define Professional Tax (PTAX) slabs for different states.
  • Automatic calculation of PTAX according to the defined slabs.
  • PTAX Challan can be prepared.
  • Return for Professional Tax can be prepared.

TDS with multi TAN Management

  • Automatic calculation of TDS on the basis of investments.
  • Declared / Made both types of investments can be managed.
  • Able to generate TDS Projections.
  • Quarterly Return(24Q) can be prepared.
  • Yearly form 16 can be generated.

Supplementary Payments

  • Any type of payments (Extra to monthly salary) can be managed with the help of supplementary
    payments.
  • Automatic calculation of payments on basis of Days & Month Basis.
  • Option to generate separate payslip for supplementary payments.

Full & Final Settlement

  • Full & Final Settlement can be managed for the left employees.
  • Full & Final Report can be generated with Employee History.
  • Option to add/ modify payments at the time of Full & Final Calculation.
  • Automatic Recovery of Pending Loan/ Advances at the time of Full & Final Calculation.