Payroll

best human capital management

Payroll Software

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Access to powerful HR administration

Payroll software automates the management of employees’ salaries, wages, bonuses and deductions. Time off, vacation accrual, benefits and retirement accounts can also be tracked by a Payroll software system. These applications allow businesses to keep the payroll process in-house. Payroll software can be standalone, but often integrates with an organization’s accounting software. On Line-Attendance by capturing data into the system through any attendance devices.
High flexibility in defining your own Addition and Deductions. The defined calculations can include constants, variables and formulae containing earlier defined additions and deductions. Auto generation of time sheets saves data-entry where the number of employees is very high.

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Bluefin Payroll Software

PRODUCT SYNOPSIS

COMPANY MASTER
Subsidiary Allocation
 Branch & City wise Grouping
 Employee linkage to Branch / City
 Salary Disbursement type ( Daily / Weekly / Monthly )
 Branch wise Statutory Applicability
 Branch wise Codification

EMPLOYEE MASTER

Employee Details
 Family Details
 Educational qualification
 Emergency Contacts
 Payment Details
 Statutory Details
 Salary Component Entry
 Thumb Impression Backup
 Photo Image Backup
 Reporting Information
 Leave Allotment & Type allocation
 Nominee Declaration

Attendance
 Manual – Monthly / Daily / From the Attendance Device
 Compensatory OFF / Out-Door-Duty / Over Time
 Late coming Early Go Calculation

Payroll
 Monthly Earning / Deductions
 Arrears / Loans & Advances / Loan Interest calculation
 Leave Application / Leave Encashment / Final Settlement
 Attendance Rule (as per Company rules)

Statutory Information
 Bonus / Form 16 / Income Tax Slab / Allowance exempt / Income tax limit setting
 Statutory Challan / Registers / Provident Fund / ESIC / Professional Tax / etc.
 Salary Slips / Salary Ledger / Salary Summary / Leave Register
 Loans – Ledger / Balance / Monthly Deductions / Month Closing
 Salary Journal Voucher : Transfer to Tally

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Key Features

Payroll software is a great innovation that has been around for a while and has helped organizations and HR teams to function far more efficiently than the traditional paper-based payroll process. Expense management– calculates wages based on loans, advances, deductions, etc. Bonus and perks management– for all the additional benefits employees are subjected to. Income Tax and Deductions– does pre- and post-income tax deductions such as TDS. Regulatory Compliance– tax deductions made in compliance to the state or central regulatory laws. Reports, pay slips & forms– creates payroll based reports, employee salary-slips and offers regulatory forms like Form-16, Form 12BA, 12C, etc. Records– centrally maintains all employee records and documents.