Payroll / Salary Management

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Payroll / Salary Management

A tailor-made solution to simplify the management of wage distribution.

Payroll management and employees’ salary distribution are two of the most important & complex tasks within an organization. A large number of manhours is invested for the successful execution of this repetitive and manual task. A missed deadline or incorrect wage distribution or filing of taxes can result in hefty fines or economic loss. MARGSOFT Technologies’ Payroll and Salary Management System automates this process efficiently & with minimum errors.

Features & Functionalities

Development of a salary page, login-based input panel to record master data in multiple fields including head of accounts, category, department, section, bank details, employee personal details, allowances and deductions details, salary breakup, etc.

Development of a salary administrator page with the ability to backup & restore database

Generation of reports under different heads

Development of page for salary transactions, bonus, arrears, etc

Ability to search the database as required

Details of leave encashments

A dedicated software to manage gratuity payouts

Development of a CPF ledger with transaction calculations and resultant reports

Availability of a number of reports and formats as needed by a department and viewable by the employee. Some of these reports include -

Salary slips

Bill payments

Bank advisory notes

Cash advisory notes

Miscellaneous deductions

GIS/LIC deductions

Recovery

Bonus

Monthly GPF/CPF/EPF deductions

Financial year GPF/CPF/EPF deductions

Other fixed deductions

Arrears

DA arrears

Employee personal details