PAY~PRO

 

 

FEATURES

 

Web Enabling

PAY -PRO extends the power and functionality of payroll to every employee, enabling them to view and update payroll information on the web. Income Tax Computation, personal, salary, perquisite and leave data - it's all at your employees' fingertips.

 

Compatible with ERP/ Accounting Solutions

PAY -PRO can be customized to be made compatible with any other ERP/ Financial Accounting

software.

 

No Customization Required

PAY -PRO has a configurable system where no change in the source code is required to work in any company or industry.

 

Multi-user/ User Level Access

PAY-PRO is a multi-user software working with windows networking technologies. It has multi-user level definition, whereby any user can be restrained from accessing any information other

than super user.

 

Minimum User Entry

PAY~PRO ensures that minimum data entry has to be done for processing payroll. The software is compatible with SWIPE CARD machines from where data can be downloaded into our software for processing.

 

FUNCTIONS

 

EMPLOYEE COMPENSATION   

Employee Database Management

• Employee Personal Information, Previous Job Experience, Qualification Details.
• Employees can be categorized accordingto Branch, Department, Designation, Cost centres, Grades etc.

 

Earning & Deduction definitions

• Earnings and Deductions of various pay components.
• Overtime rules can be defined.
• Pay components linked to TDS calculation parameter & GL codes.

 

Employee Salary Structure

• Each employee can be assigned a separate set of earnings and deductions.
• The statutory deductions viz. PF / ESIC/ TDS/ Professional Tax can be selected for an employee.

 

Monthly Transactions

• Monthly days to be paid & overtime hours can be entered.
• Provision is made for variable earnings/ deductions to be entered for employees.

 

Easy Entry

• Faster & convenient entry of new employees.
• Add new employee's data using a flat [CSV] or Excel files.
• Allows users to transfer the data from their current database to this package.

 

Processing Control

• Processing for a particular month can be done any number oftimes .

• Processing can be done by Branch/ DepartmenV Grade or for a particular Employee(s).
• Lock & Unlock.

 

Re-conciliation

• Compares the Monthly Processed of the Current Monthly vis-a-vis the Previous Month & Reports Changes/ Addition/ Deletion .

 

FEATURED MODULES  

Leave Management

• Define & track different types of leave like SICK, PRIVilEGE, CASUAL etc.  
• leave rules for different Grades/ Designation.  
• Automatic leave balance calculation with carry-forward to next year with prior set-up of maximum leave.  
• Generate leave History, Balance leave Reports.

 

Loan management

• User definable loan name.  
• Auto/ manual deduction till full recovery of loan.
• Month-wise Breakup Report for instalments deducted.

 

Reimbursement Perquisite Management  

• Reimbursement Type & period can be set with pre-set max. values.  
• Automation of balance calculations.  
• Detailed ledger can be generated on payment history & voucher submission.  
• Direct link to tax module to calculate accurate tax liability.

 

 

STATUTORY COMPLIANCES  

Income Tax Management  

• Considering past emoluments in case an employee joins during the Year.
• Income Tax Projection with expected TDS to be deducted from the current month's salary.

 

Professional Tax Slabs

• Professional Tax Slabs can be defined for each state.  
• User-definable range values and amount for deduction.

 

Statutory Reports  

• ESIC Challan, ESIC Form 6, ESIC Form 7.  
• PF Challan, PF Form 6a, PF FORM 3a.  
• PF Form 5, PF Form 5a, PF Form 9, PF Form 10.  
• PF Branch-wise EDLI & PF, EPF.  
• Prof. Tax Challan, Prof. Tax FORM 3, Prof. Tax PART 1 B.  
• Incomelax Projection, TDS Report.  
• Income Tax FORM 16/ 16A, FORM 12-BA.  
• Income Tax FORM 24 - 24Q (E-Filing) .

 

 

MANAGEMENT INFORMATION  

Monthly Reports  

• Multiple payslip formats as well as facility for the user to design the payslip.  
• Various types of Pay sheet! Register.  
• Disbursement Reports - Cash/ Cheque/ Direct Bank Transfer.  
• Attendance and leave summary.  

 

Bank Payment  

• Bank-wise statements for multiple bank(s).  
• Cash payment report.  
• Bank statement in text! excel file.  

 

Salary J/V  

• Single/Separate JV from selected parameters.  
• Clubbing or total for each Gl Code.  

 

MIS Reports  

• Employee/ Branch/ Department! Section-wise Costing Report.  
• Earning! Deduction Summary.  
• Overtime Analysis.  
• Reports on Revision & Increment.  
• Projected & Actual Final Settlement.  
• loan Recovery, Bonus Register