Salary is the process by paying employer
to the employee for the work they have done. It should have any
business with employees and payroll force. Although salaries seem
like a simple task, as it involves many aspects including withholding
taxes from each paycheck and save money Ensure accurate and paid to
the proper government agency.
For small companies, it can be that salaries of software errors,
the system of justice in the process of salaries and the elimination
of the extra effort involved in the development of calculating
employees’ work hours and wages and withholdings of taxes. Salaries
program is easy to use often and very affordable for small
businesses.Can for small business owners to buy affordable system to get on the local computer or through cloud services. Buy the software eliminates the expense of hiring an accountant in the house payroll processing. Finally, for small business owners to maintain more control over the process of salary using software. Use payroll software allows businesses to compile reports at any pace they desire.
Implementation Considerations
It must implement an equivalent salaries component of India in collaboration with the project teams implement other parts of the human resources customer relationship management (HR), especially management personnel and units affairs.
Features
Created data from other areas of the CRM is used to calculate all the additions and deductions of legal and non-legal employees. TeqPayrol offers a number of standard reports used in the system, retirement, leave, pay and tax payments.
In addition to the standard functions of payroll, payroll processing for India also include specific to each country the following functions:
- User Defined Earnings & Deductions
- Leave & Attendance Management
- Loan & Advance Management
- Payroll Processing
- Salary Reports (Payslip & Salary Sheet)
- Bank Transfer
- Reimbursement Management
- Arrears Calculation
- Other Payments
- PF Calculation & Reports
- ESIS Calculation & Reports
- Professional Tax
- Income Tax Management
- Full & Final Settlement
- User Defined Reports
- Reporting
- Data Import (Masters, Salary & Leave Record)
- HR Functions
- Other Add on Modules
- User Rights
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