Features

Explore the comprehensive features of our payroll system designed to streamline and enhance your HR operations.

Employee Management:

  • Employee Information:
    • Add new employees.
    • Edit existing employee information (personal, employment, contact, payroll data).
    • Search for employees by various criteria.

Compensation Management:

  • Allowances:
    • Define and manage fixed allowances (e.g., transportation allowance).
    • Define and manage variable allowances based on formulas or criteria.
    • Assign allowances to specific employees or groups.
  • Deductions:
    • Define and manage fixed deductions (e.g., advance salary deduction).
    • Define and manage variable deductions based on formulas or criteria.
    • Assign deductions to specific employees or groups.
  • Loans:
    • Create and manage company loan programs.
    • Define loan details (interest rate, repayment period).
    • Manage loan applications and approvals for employees.
    • Track and manage loan repayments with automatic deduction calculation.

Time and Attendance Integration (Optional):

  • OT Process:
    • Enter and manage overtime hours worked by employees.
    • Define rules for calculating overtime pay rates.
    • Automatically calculate overtime pay based on defined rules.

Leave Management Integration (Optional):

  • No-Pay Process:
    • Record non-payable days for employees (sick leave, vacation leave, etc.).
    • Automatically adjust employee payroll for recorded no-pay days.

Payroll Processing:

  • Month End Processing:
    • Run a dedicated month-end process to automate calculations.
    • Automatically calculate taxes (EPF, ETF, PAYE) based on Sri Lankan government guidelines.
    • Automatically calculate deductions for no-pay days and loan repayments.
    • Automatically calculate OT pay based on entered data.

Reporting:

  • Payslip Generation:
    • Generate payslips for individual employees or for the entire company.
    • Payslips should detail gross pay, deductions, net pay, and tax calculations.

Additional Features:

  • Security and Access Control: Implement security measures to restrict access to sensitive employee data based on user roles.
  • Data Backup and Recovery: Maintain a robust data backup and recovery plan to protect payroll information.
  • Audit Trails: Track user activity and changes made to employee data for audit purposes.
  • Reporting Tools: Provide additional reports for payroll analysis, such as total payroll expenses, tax reports, and employee earnings reports.

Note: Integration with time and attendance or leave management systems is optional depending on your specific needs.