Salary

This module caters to all company requirements and functions related to Payroll processing.

The scope of the module is to determine and disburse the Salary Payable. Salary payable is determined using the standard payments/deductions and ad-hoc payments/deductions. Payroll module is flexible to be integrated with renowned ERP software packages.

Payroll module is completely integrated with all other modules of Harmony Suite. This seamless integration ensures that the data elements are in sync at all times. Apart from reduction in work load this eliminates the chances of errors.

System allows the user to enter monthly changes in an efficient and user-friendly manner. Reconciliation reports are part of monthly process that helps verify the monthly changes in an efficient manner. These are extremely useful when large volume of data is involved. Salary Register, pay-slips and a number of summary reports are available during the monthly process.

System caters to the prevalent income tax rules and provides a dynamic calculation of individual income tax. Statutory reports, certificate and returns are also available.

Salary can be paid in cash, bank transfer, pay order or demand draft. In case of cash complete currency breakup is available. Salary transfer through bank drafts or pay order is also available apart from direct bank transfer.

Loan deductions, Provident Fund deductions and Leave without-pay are also calculated if PF, Loan and Leave modules are in use with payroll module. System is also capable to send and receive information from other modules like EOBI, ESSI, WPPF, Overtime and Bonus.

A host of reports and inquiries are available at various stages. These reports and inquiries provide meaningful and pertinent information in an easy to use format.

Broad Functionality

• Salary Calculation and Payment
  
• Standard/Ad-hoc payments
  
• Standard/Ad-hoc Deductions
  
• Dynamic Income Tax calculation
  
• Pay Register /Pay-slips
  
• Bank/Branch wise Fund Transfer Advice
  
• Salary Slip Email option
  
• Reconciliation reports
  
• Departmental Summaries
  
• PF contribution/Loan Installments
  
• EOBI/ESSI contribution to respective modules
  
• Monthly, Quarterly and Annual returns.
  
• Income Tax Certificates and worksheets