Payroll Module

The Payroll Module automates the entire payroll process, ensuring timely and accurate salary disbursements to employees. It handles salary calculations, tax deductions, bonuses, allowances, and statutory compliance, making payroll management seamless and error-free.

In addition to calculating salaries based on attendance, leaves, and overtime, the module supports multiple salary structures, reimbursements, and full and final settlements. It integrates with other HRMS modules such as attendance, leave management, and claims to ensure accuracy and compliance. The payroll module also generates payslips, financial reports, and tax documents, helping organizations comply with legal and financial regulations.

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Payroll Management

Manages and configures employee salary structures ctc,Salary can be processed based on filter categories like branch, department, or company-wise with different payroll cycle Payroll can be configured with all statutory requirement of PF,esic,PT,LWF and can be customized as per clients requirement .The user can lock and unlock the salary .Once locked the salary gets published to employees

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Bonus and Incentives Management

Bonus can be generated based on statutory and can overwrite based on criteria .Incentive can be configured based on requirements

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Salary Disbursement

Manages and ensures timely and accurate disbursement of employee salaries .This disbursement can happen in full/part/hold .Make manual payment and also can generate file which bank requires at the time of disbursement. Pending Disbursment amount will be shown against every employee.

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Full and Final Settlement

Handles the final settlement of dues and payments for separating employees .There is complete work flow for Full and Final Settlement with experience and reliving letter and can be customized as per needs of client

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Exit Interview

The user can frame questionaries based on narrative/optional/rating/marks for exit interview with feedback

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Tax Calculation and Filing

Calculates and manages employee tax liabilities and facilitates tax filing. There is a workflow for Tax approval with old and new regime in tax

Development Process

Leave and Attendance Integration

Integrates leave and attendance data to calculate payroll adjustments.

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Payslips and Salary Statements

Generates and delivers electronic payslips and salary statements for employees.

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Payroll Reports and Analytics

Provides detailed payroll reports and analytics for decision-making and auditing.

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Reimbursement Management

Manages employee reimbursements for business-related expenses

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Payroll FAQs
Can we process the arrears in iHRMS? +
Yes
Can we process arrears at the time of increment, and will it calculate based on the difference in calendar days in iHRMS? +
Yes
Can a separate arrear report be generated in iHRMS? +
Yes
Can we map different states with the same Professional Tax (PT) in iHRMS? +
Yes
Can we give PT manually in iHRMS? +
Yes
Can we have LWF (Labour Welfare Fund) based on one state or multiple states in iHRMS? +
Yes
Can we map LWF manually in iHRMS? +
Yes
Can we map PF and ESIC based on any criteria in iHRMS? +
Yes
Can statutory reports like ESIC, PF, PT, Bonus, and LWF be generated in iHRMS? +
Yes
Can we configure CTC components as monthly, fixed, or with any complexity in iHRMS? +
Yes
Can we process salary based on categories like branch, department, or company-wise in iHRMS? +
Yes
Can we give variable components monthly, and can they be configured based on criteria in iHRMS? +
Yes
Can we reset the variable component to 0 in iHRMS? +
Yes
Can we exclude a component and include it in the next month in iHRMS? +
Yes
Can we disburse part salary while keeping one component on hold in iHRMS? +
Yes
Can we have a different payroll cycle for different groups in iHRMS? +
Yes
Can we develop any customized report in iHRMS? +
Yes
Can we update remarks against an employee's salary for a given month in iHRMS? +
Yes
Can we have separate salary slips or salary registers for separate companies in iHRMS? +
Yes
Can we delete the salary in iHRMS? +
Yes

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