LEAVES:

Payroll, you can define a variety of Leave Types - casual, sick etc., specify if each is Paid, Unpaid, Encashable or not, if balance leaves should be carried forward, type of entitlement, etc.Leave can be applied or sanctioned online or offline. Leave entitlements for classes of employees can also be specified. Leaves taken, earned, pending, carried forward, encashed etc. can be easily managed with this software, as it maintains a complete account of leave by every employee.

HOLIDAYS:

Maintain several Holidays Lists. Holiday Lists can be individually for each branch (location), shift, employment type (eg: separate for contract employees, or probationers etc). Specify Flexible Weekly-offs. Specify if Embedded holidays be paid for or not.

ATTENDANCE:

offers the facility to enter attendance in several ways. You can enter daily manually or in bulk, with details such as present/absent, time in/time out, or import from attendance machines like swipe machines, biometric devices etc. Attendance data is used to calculate salaries payable and in generation of pay slips.

PF,ESI,PT:

You can also manage Provident Fund, Employee State Insurance, Gratuity and Professional Tax easily. With efact-Payroll you can define and manage deductions and payments. Define company contribution to PF. Automatic deduction of PF etc from pay and calculation of pay slips. Take reports for statutory deductions to meet obligations for filing returns. Standard reports available are PF Register, Forms 3A, 6A, 5, 10, 12A, PF Challan, PF Report, ESI Register, Form 6, ESI Challan, ESI Report, PT Register Detailed and Summary, etc.

INCOMETAX & TDS:

Complete support for Income Tax. Take estimates of taxable income, for all sources of income, expenses and deductions. Take revisions of taxable income during the year. Wings generates statements of taxable incomes and tax deductible and deducts tax (TDS) during payslip generation, automatically. Helps in accurate TDS compliance for all employees. Generates Form 16 (per IT laws) and statements of total income.

CERTIFICATES:

Efact-Payroll offers Salary Certificates for employees from data available for any period - and annual tax certificates in Form 16.

ANALYSIS AND REPORTS:

Efact-Payroll has many useful reports that provide deep insight about your payroll functions. Reports are fast, and can be exported to MS Excel, as PDF files and can be e-mailed. The reports have extensive drill down capabilities and can be manipulated to suit your requirements. Reports can also be viewed as graphs.

More features of the PAYROLE system:

• Multi Unit payroll handling.
• Statutory reports as per the respective Country’s government needs.
• Extensive Monthly and Yearly reports on earnings and deductions etc.
• Link to General Ledger and Accounts Receivables.
• Customized pay slips and Bank statements.
• Annual Earnings like Medical, LTA etc., and Allowances.
• Income Tax Calculations and respective Reports.
• Bonus/Arrears Calculation.
• Attendance recording interfaces.
• Holiday Wages Calculations.
• Automatically calculate the P.F, E.S.I, Professional Tax e.t.c.
• Loan maintenance (issuing,automatically recovering from salary, automatically closing after last installment recovered).
• Automatically Calculate conveyance, incentives e.t.c.