Profit Participation Fund
This module takes care of the Workers’ profit participation fund calculation and disbursement activity. It uses a flexible approach where user can define their own formula of WPPF based on various factors such as company’s profit and different employee categories.
A complete disbursement process is available if the payment is made outside payroll. In case payment is made with payroll it has integration with the salary module with the capability to calculate income tax.
All necessary integration with other HARMONY
modules is also available.