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Payroll Software

Project Descriptions

payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll plays a major role in a company for several reasons.

Payroll software is technology that aims to streamline and automate the process of paying a company's employees. Payroll software can be purchased from a human resources technology vendor or included as a module within a larger enterprise resource planning (ERP) package.

Project Details

  • Name : Payroll Software
  • Category : Web Application Software
  • Language : PHP, Javascript, HTML, CSS, AJAX
  • Database : MySQL
  • Project URL : www.softmaxinfotech.com/

Modules and Key Features

Payroll

  • Provides date-driven features to eliminate errors, reduce overpayments and non-payments 
  • Facilitates completely automated end to end processing via autopay or from an approved Timekeeper form
  • Ensures accurate and consistent interpretation of award conditions, every time, without user intervention

Payroll Costing

  • Ensures accurate and timely labour costing for effectively managed expenditure against budget, monitor project and activity costs and set charge rates
  • Time and payroll expenditure tracked across multiple cost categories using default allocations or from employee's timesheets
  • Provides full cost of labour calculated by oncosts and leave liability 

Award Interpreter

  • Reduces time spent calculating employee payments and dealing with errors
  • Uses elapsed hours or raw start and finish times to calculate
  • Configurable rulesets make Award Interpreter fully adaptable to your business needs, which are easy to update when entitlements change
  • Integrated with Timekeeper and Leave modules enables fully automated time and attendance processing

Timekeeper

  • Enables accurate and cost-effective time recording for activity costings, and online data entry of timesheet information via Self Service
  • Ensures employees receive correct payment for hours worked and the correct entitlement where they work flexible hours
  • Allows scheduling employees well in advance

Salary and Benefits

  • Enables flexible salary packages
  • Design benefit plans
  • Model different mixes of benefits and salary
  • Calculates tax liability
  • Monitors expenses against provisions within an employee's package

Leave

  • Automates leave administration for all employees irrespective of their entitlement, work pattern and hours worked
  • Supports any number of leave types and calculates leave accrual and leave liability
  • Integration with Payroll ensures a person's pay is updated for prepayment and leave at less than full pay
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