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Welcome to our Online Payroll Software Blog

Online Payroll-HRMS is an ideal system which helps to manage the employee and other organizational details of the organization. This system binds entire journey of the organization and its employee in an efficient way. Payroll Software system is simple and effective that provides employer every details.

The purpose of this document is to identify, analyze and define the needs of the features and functionalists in every level of Online Payroll System. The document highlights the features present in the system and upcoming features in the system. This document will freeze the modules of Payroll-HRMS System to be implemented. sales@payrollsoftware.co.in
Showing posts with label Attendance Software. Show all posts
Showing posts with label Attendance Software. Show all posts

Friday, 7 December 2012

Salary Management Software


Salary Software will calculate and display the working hours and OT (Over Time) hours of selected employee on the daily basis. Admin can modify the OT hours that is to be approved and save the details which will calculated in the salary.

Bonus Details
Admin can give bonus amount to any employee as per company norms. Admin can set the criteria on the basis of “Basic Salary”, “Gross”, “Consolidated” and “Fix”. Bonus can also be effective in salary by selecting month and year. Bonus can be given in Fix amount or on basis of percentage.




Performance Details
Admin can give performance points to any employee as per the data from performance master.  

Advance Details
Admin can manage the advance details of any employee. Admin can enter the amount to be given as advance to the employee which will be reflected in his next salary generation.
Monthly Salary
Based on Monthly Attendance – present / absent – salary is processed. System will automatically calculate salary of employee on basis of In/Out entries, approved OT’s, Loan, Leave Details, Arrears, Deduction, IT Tax and Advance of that employee for selected month and year. After saving the record, it will display the net amount of salary that is to be paid to employee.
Manually Salary
System will calculate the salary of selected employee on selected month and year on the basis of details entered by admin manually.
Salary Daily
System will calculate the salary of selected employee on selected month and year on the basis of details entered by admin manually.
Salary Settlement
This is module is effective when the employee is given increment, however he/she is yet to be given the increment amount. Admin can use this module to track and add all salary settlements.
Full and Final Settlement
System will automatically calculate pending dues, leaves, loan, assets and any outstanding salary in case employee leaving the company or organization.
Payment Process
If employee salary is to be given by cheque then system will display that employee/s. Admin can enter the cheque details that is given to the employee/s.
Month Lock
Once all the salary procedures of any particular month are done it