PAYROLL MANAGEMENT SYSTEM Software

PaySmart Advantages

PaySmart setup helps the user to create:
Multiple Companies, Location, Department, Designation, Cost Center and Bank, etc.
It also provides the flexibility to create salary structure / salary Templates according to the User requirement.
Salient Features and Architecture of PaySmart

PaySmart Master
PaySmart is a Single Window Architecture application designed, to help the user create Employee Personal Master, Salary Master, Loan Master, Income Tax Master and Reimbursement Master etc.
Personal Master collects the details of the Date of joining, Designation, Location, PAN number, Birth Date, Residential address.
Salary Master allows user to enter Earnings & Deduction details of the Employee.

Transaction Menu
This menu helps the user to enter the Input of the payroll, which is fluctuation in nature like Canteen / Lunch deduction, Attendance, Bonus, Over time calculation, Loss of Attendance, Transportation Deduction etc.
This menu also keeps track of Bill wise details of the reimbursement claim & Attendance details of the Employee.

Data Process
Process module helps the user to process his Payroll data & generate final payroll Output.
Processing can either be employee wise / Grade wise / location wise.

User has the flexibility to set his month end date for processing i.e. cutoff date, Year-end & take care of employee Full & Final settlements.

Reports
PaySmart generates more than 100 types of reports like Monthly, Semi annual, Annual, Most of this reports are exported to Excel application in ready to print format.

Monthly reports
e-mail Pay Slips, Pay Slips with logo, Bank Statement, DD Statement, Cheque Statement, Variance Report, Earnings & Deductions, Leave Reports, Loan Report, PF, PT & ESI, monthly reports, Salary register, Attendance register, Over Time Report, Employee Shift Register, Reimbursement Register.

Statutory Repots:
Provident Fund Reports: Form-3A, Form-5, Form-6A, Form-7, Form-7iF, Form-8, From-10, And Form-12A.

Professional Tax: Form -5A

Employee State Insurance: Form -3, Form -6

Income Tax: Form -12BA, Form -12B, Form -16, Form -24, IT-Computation

Annual Reports:
Annual Salary Statement, Annual Salary Register, Annual Leave Register, Annual Attendance Register, Annual CTC Reports

MIS Reports:
Employee Name & Address reports, Head Count Reports, Employee Gender wise Reports,

Additional Features and Benefits:

TO DO List Manager: This module helps the users to store the Input information received from the various Dept / location before processing the payroll.

Multi Threaded Backup: User can Schedule the Date, Time & the Path to store the Backup file, which does automatically by PaySmart as per the schedule.

Paysmart WEB Solution

PaySmart Web helps the employee to view the Pay details through Intranet / internet application.
Payslip, Reimbursement Details, Loan details, Attendence Detalis, Leave details, Declaration of IT saving through Web, IT Computation Sheet, TalkSmart

PaySmart is available in Three Modules

- PaySmart  EX: Extended Version and
- PaySmart  ET: Enterprise Version

Hardware Requirements: Win 98/NT/2K/XP, 128MB RAM, 100 MB HD.

PaySmart is powerful payroll management software system. It makes payroll processing a simple job that any company can accomplish in-house. Our payroll management software gives you all the information and options you need to process your own payroll in house and save money. Accommodates any combination of incomes, deductions, taxes, benefits, and vacation, as well as hundreds of reports, including many user defined reports. Also accommodates multiple companies, each with unique setup information.

The benefits of PaySmart Payroll management software is its ease-of-use and ease of implementation. Extensive help text and documentation is only a mouse click away. Finding answers to your questions is quick and easy due to the in-depth help text. Our users tell us that they have been able to implement our system in a fraction of the time and cost of previous payroll products they have used or evaluated. Ease of implementation is due to the extensive features and reports, as well as having our team of Payroll Management software experts there to train, implement, convert, and support you during and after your initial installation.

PAYROLL MANAGEMENT SYSTEM