Add Claim Reimbursement : Easily add new claim-reimbursement types and update existing ones. Save changes seamlessly
To Add/Update Employee Standard Deduction
The standard deduction for employees: Implement mandated or company-defined deductions from income, ensuring accurate tax withholding and compliance.
To View/Update Employee Bank Report
Access the employee bank report: Review financial transactions, salary deposits, and payroll details for effective financial management.
To Sync Employee Bank Account Details
Sync Account Details :Account details such as PF, ESI, Bank Account number, IFSC, etc. can be updated to already generated Payroll from the Employee Profile data.
To Add/Update Employee Salary Component
Employee Salary Component: The salary structure comprises various elements such as basic pay, allowances, bonuses, and benefits, creating a comprehensive compensation package for the employee.
To Add/Update Salary Component Combination
Salary Combination : Effortlessly generate salary combinations, distributing amounts based on specified percentage splits through this menu.
Salary Date Setting (LOP Calc.) - Add
Salary Date Setting:Utilize this menu to select a branch and calculate salary by specifying the start and end dates of the month.
To View Salary Component Details
Salary Component DetailsI :t displays the list of components along with an organization's assigned amount, earned amount and deduction amount by selecting the month.
To Add/Update Employee Loan Type
Employee Loan Type: Employee loan type refers to a financial arrangement where employers provide financial assistance to employees during times of need for various purposes, offering favorable terms and deductions from salaries to facilitate responsible borrowing.
To Generate/View the Salary of an Employee
Salary: Salary refers to the fixed monetary compensation paid to employees by their employers for their work, encompassing wages, bonuses, and benefits, reflecting their skills, experience, and contribution to the organization's success.