FOR INDIAN COMPANIES
Features At A Glance
- Keep track of employee information, increments, promotions, Payments till date (YTD), leave records, etc.
- Manage employee leave balances, credit, availing, etc
- Complete handling of payroll processing
- Manage PF, ESI, Prof. Tax, Income tax, Labor Welfare
- Automatic deduction of salary advances, loans, Income Tax, TDS & leave-without-pay
- Payroll processing with the flick of a button
- Payslips printing & emailing (with password protected PDF files)
- Bank transfer statement (with option for excel/text file export)
- Department-wise, Unit-wise Salary and Costing Statement.
- All statutory reports
- MIS reports
- Reconciliation & audit tools
- Excel import facility for mass data upload
Features -- Payroll Processing
- Any number of income components (basic, DA, HRA, OT)
- Any number of deductions (pf, esi, income tax, advances, etc.)
- Different employee types: permanent, contract, trainee, etc.
- Different rules for different type of employees: pf eligibility, esi eligibility, income tax, etc.
- Automatic payroll processing, month after month (once employee information and salary details are entered.)
- Handles pro-rating of salary for newly joined employees, resigned employees and in case of leave-without-pay.
- Complete income tax computation, projection for future months, declarations, etc. handled.
- Easy final settlement and arrears management
Features -- PF, ESI, Professional Tax
- Handles all requirements of PF, ESI and Prof. Tax deductions.
- Configure the employees for whom these deductions are applicable
- Configure the amount amount on which PF is computed
- Reports include:
- PF Monthly Returns - R1
- PF Monthly Joinees - Form 5
- PF Monthly Resignations - Form 10
- PF Annual Reports - Form 3A and Form 6A
- ESI Monthly Returns including ESI Challan
- ESI Annnual Returns - Form 6 and Form 7
- Profession Tax Monthly Returns
- Profession Tax Annual Returns
Features -- Income Tax
- Handle all Income Tax requirements accurately and easily.
- Accurate Income Tax calculation every month.
- Digitally Signed Form 16 PDF documents.
- Income Tax returns - Form 24 and Form 24Q
- Print / email detailed Income Tax calculations to employees.
- ESS lets employees to do what-if analysis on Income Tax.
Features -- MIS Reports
- Payslips with information on Days Worked and Leave Days
- Salary Registers - Ability to create your own formats
- Bank Transfer Statements - available for all major Banks
- Department-wise, Unit-wise JV and Salary Cost Statements
- Payroll Differences Statement - compare previous and current month's Payroll for changes and exceptions
- Loan Registers, Reimbursement Registers
- Leave Register
Features -- Payroll Others
- Apply Overrides on any components. Stop application generated values from being considered for a Payroll.
- Loan management: Various types of loans to employees like vehicle loan, housing loan, etc.
- Reimbursements: Keep track of limits and entitlements for reimbursements like medical, LTA, conveyance, etc.
- Arrears: You can process arrears for any previous period
- Final Settlement: Easy settlement of resigned employees covering leave encashment, loan dues, etc.
- Audit trails
Features -- Leave
- Define any number of Leave Types - PL, CL, SL, Maternity Leave, LOP, etc.
- Extensive business rules definition capability for crediting, availing and year-end process.
- Credit leaves annually, monthly, quarterly, based on years in service, etc.
- Define rules for granting leaves - clubbing, covering, based on status, etc.
- Facility to cancel, withdraw, lapse and comp-off credit.
- Multi-location Holiday list.
- Enable employees to view their Leave details and apply for Leave online.
- Enable Managers to view the Leave details of their team members online.
Employee Self Service
- Enable your employees to view their salary information whenever they need. Information includes:
- Online Payslips
- Online Reimbursement payout information (Reimbursement Slips)
- YTD Register (Year to date information on Income and Deductions)
- Loans Information
- Income Tax calculation statement
- Reimbursement Statement - Entitlement, Claims and Balances
- PF YTD - information on PF deductions done and employer contribution
- Apart from providing facilities for an employee to view his information, features are also available to automate a number of processes. These include
- Online Income Tax savings declarations by employees
- What-if analysis of Income Tax - change Rent and other parameters and check out how income tax will vary
- Apply for reimbursement claims online with approval by the administrator and direct updation into the payroll
- Facility for employees to post Trouble Tickets (issues) online. Responses and resolutions can also be posted online.
Payroll-Xpert Online Benefits :
Benefits for Administrators
- 100% accuracy in all calculations every month
- Effortlessly meet all statutory compliance requirements related to PF, ESI, Profession tax, TDS, Income tax, etc.
- Reduced data entry and manual work. Enter key information once and it is used to automatically generate all reports and statements.
- Increased productivity - save hours and days of effort.
- Consolidate all information in one single location. Keep track of all historical employee or salary information.
- Easily generate dozens of reports
- Minimize complaints and queries from employees
Benefits for Top Management
- Access to payroll information, MIS reports, dashboard from anywhere
- Assurance of 100% statutory compliance
- Keep payroll data confidential
- Better information sharing between administrators and management; eliminates private knowledge
- No need for IT support or maintenance
- Automatic backup of data
- Highly reliable; access from anywhere, anytime. No people dependence.
- Motivate employees and minimize employee dissatisfaction