A Payroll Management Software is a software used to calculate salary of employees and calculate deductions such as PF, PT, ESIC and Income tax. Payroll software takes attendance of the month and calculate salary as per the defined values and formula set. Arrears, Bonus, Reimbursement, Advance deduction and other heads can be imported from excel file. Thus a Payroll Software is a one time investment but pays off every month on time and reduces bugs due to manual calculation. Your HR can do more productive work rather than keeping himself/ herself busy in payroll calculation.
Intelli payroll is quite simple, flexible & user friendly Payroll Management Software. It is very effective solution from small to large organization. Intelli Payroll Software provide effective, innovative and flexible solution to companies from varied sector. Intelli Payroll Captures Complete record of the employee, tracks leave balance, computes payouts & salary reconciliation & generates all statutory reports.
Intelli-payroll is 100% Compatible with all swipe card machines. Payroll Software can import data from any punching machine’s exported excel file. A sample format of attendance can be exported from the application itself from payroll software.
In Intelli-payroll online payroll software one can define different leave types. These leave types can be paid or unpaid. If paid they can be encashed or carry forwarded to next year. Separate leave accounts for different leave types for each employee can be maintained.
By default, all statutory norms such as PF, PT, ESIC, Tax Slabs, TDS concessions under various sections, LWF etc. are predefined in the payroll software. PF forms 3A, 6A, 12A, 7, 10, 5, 13, 10, and 19. ESIC challan, PT challan and MTR 6, Form 16, LWF challan and more are available.
Payroll Software is also used as salary calculator. 'N' number of salary structures can be defined in payroll software. salary structure is then associated with an employee class, employees belonging to this class will automatically get the linked salary structure. One Salary structure can be associated with one or many employee class, but not vice-versa. Hence Change in a salary structure affects all employees in the class, this reduces significant time.
In Employee Self Service (ESS) portal employee can apply for leave, reimbursement, and investment declaration on the go. Employee can generate important reports like pay slips, TDS Projection. Employee can view list of necessary documents which are to be submitted. He can submit those documents on a single click.
Arrears and recurring arrears can be configured in payroll software which can be taxable or non-taxable. Arrears and Reimbursements can be imported from an excel file. This helps the user to save time manually entering data, also it automates the system thus reducing manual errors.
Full and final settlement of the employee can be initiated. Gratuity can be given. A full and final settlement statement is printed.
Payroll software calculates TDS automatically. The TDS applicability slab is predefined which can also be changed. Concessions provided by government under various sections are also configured & automatically generates Pay slips also.
The appraisal can be done in intellipayroll software on predefined parameters. After appraisal each employee can have their appraisal and salary increment can be automatically done in the system. New salaries can also be uploaded from an excel file.
With the help of payroll software the employee salary can be deposited in their respective bank accounts. For this separate bank advices can be generated for each bank with details of employee name, month and year, bank account name, amount to be deposited.
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