Payroll
- Payroll System Features and Coverage
- Unlimited number of users
- Multi-user capability
- Can maintain access password for user and supervisor
- Can monitor authorize & not authorize transaction through audit trail
- Unlimited number of Employees 201 File
- Can maintain confidential information
- Captures the historical data from previous employer
- Maintains history of employees salary and the manner of increase
- Maintains multiple loans set-up
- Can view all loans of individual employees & the history of payments
- Has the ability to stop loans for specific pay period and resumes deduction without intervention
- Leave Management System
- Can process several type of payroll (Monthly rated Monthly paid, Monthly rated Semi-Monthly paid, Daily paid employees and Hourly paid employees)
- Captures various type of earnings (Taxable & Non-Taxable)
- Can setup One time earnings and deductions
- Ability to hold earnings for specific pay period
- Capable of adapting to company policy on Fringe Benefits and Allowances
- Proper administration of withholding tax for allowance and fringe benefits
- Capable of computing annualize withholding tax at any given period
- In compliance to substituted filing requirement
- Captures overtime rate policy of the company
- Computes employee’s gross pay for specific pay period
- Computesstatutory deductions such as Withholding tax (Annualized/per semi-monthly tax table), PhilHealth contribution, SSS Premium andPag-ibig premium.
- Able to generate ASCII for the following:
- Bank Crediting
- Loans remittance diskette
- SSS contributions diskette
- Interface file for the company’s GL System
- Able to generate journals entries for the current payroll run/old payroll run.
- Computes final pay of all employees
- Can process redundancy for final pay processing and documentation (Subject for Customization.)
- Ability to compute multiple Bonus processing
- Ability to define rate to be used for 13th month pay computation
- Ability to reprocess payroll for individual employees
- In compliance to Philippine Labor Laws practice
- In compliance to SSS/Pag-ibig/BIR/Philhealth requirements.
Description
- Individual pay slip
- Payroll Register
- Loans Register
- Cash Breakdown
- Overtime Breakdown
- Other Adjustment (One time transaction)
- Payroll Deductions
- SSS Contribution, SSS Loan and R1A report
- PhilHealthRF1 and ER2 report
- Pag-IBIG Monthly M1-1 and P2-4 report
- Tax Withheld and BIR 1601-C
- Loans remitted
- Year to date summary per employees
- Terminal Pay Report
- Quit Claims
- 2316 Withholding tax certificates per employees
- Alphalist (7.1, 7.2, 7.3, 7.4& 7.5)
- Bank list per employees & per account number
- Bank Advice
- Journal Entries (per department & per Account code)
- Reconciliation report
- Variance Report on Basic Salary.
Reviews
There are no reviews yet.