The payroll module handles various categories of employees. It allows defining different payroll groups, each with specific business rules and calculation methods. It facilitates the handling of different types of payroll for salaried employees who are employed on permanent basis, hourly laborers and others who work on a contract basis. The module allows the system administrator, with the coordination of the payroll officers, to parameterize system defaults related to overtime policies, benefits, standard deductions related to social security charges, income taxes, insurance, car benefits, transportation allowance, housing allowances, and many others.

Key Features:

• Manage group definitions and associate each to a set of standard payroll items
• Handle payroll transactions in multiple currencies
• Handle user-defined earnings, deductions and liabilities for each pay item
• Manage unlimited number of payroll periods
• Simulate payroll processing for a single group, or a single employee
• Handle multi-payment methods that include: cash, checks, bank transfers
• Manage multi-currency pay slips
• Apply additional earnings based on length of service
• Generate yearly payroll budget by department and section
• Produce budget control reports
• Interface with accounting module
• Interface with timesheets
• Interface with time attendance
• Interface with the leave management
• Interface with the loan management
• Store and archive payroll data across unlimited number of years
• Produce all government required quarterly and yearly reports