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Payroll Management
Module
Payroll Management

This module includes salary calculations, tax deductions, direct deposits, statutory compliance, leave management integration, and customizable reporting for financial transparency.

By biCanvas
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Category

Module Of Infrastructure

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Last Update

20/12/2022

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Language

English

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Terms

View Term & Condition

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Description

About Module

This module facilitates automation in salary calculations, deductions, and disbursements for employees. It integrates with attendance and HR modules to ensure accuracy in payments, tax calculations, and compliance with labour laws. Further, this module streamlines payroll processes, enhancing efficiency and reducing errors in financial transactions

Key Features Of Module

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Salary Calculation

Automates accurate salary computations based on employee attendance, leaves, and applicable deductions.

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Direct Deposit

Facilitates direct transfer of salaries to employees' bank accounts securely.

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Employee Self-Service

Allows employees to access and manage payroll-related information and documents.

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Benefits Administration

Manages employee benefits such as insurance, retirement plans, and bonuses.

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Compliance Reporting

Generates reports for regulatory compliance and audit purposes.

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Tax Management

Handles tax calculations, deductions and compliance with local tax laws.

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