Payroll Management Software By Sensys Technologies Pvt. Ltd.

Payroll Management SoftwareEasyPAY is very easy, flexible and user-friendly Payroll Management software that takes care of all your requirements relating to accounting and management of employee's Payroll. This versatile, user friendly, package, offers user defined Earning / Deduction / Loan Heads & Calculation Formulae / Tables. The package generates all the outputs & statutory reports required by a Payroll application.HighlightsUser Defined Earnings & DeductionsLeave & Attendance ManagementLoan & Advance ManagementPayroll ProcessingSalary Reports (Payslip & Salary Sheet)Bank TransferReimbursement ManagementArrears CalculationOther PaymentsPF Calculation & ReportsESIS Calculation & ReportsProfessional TaxIncome Tax ManagementFull & Final SettlementUser Defined ReportsReportingData Import (Masters, Salary & Leave Record)HR FunctionsOther Add on ModulesUser RightsKey Feature DetailsFlexible Structure building capability of Earnings & DeductionsFlexibility to add or modify any number of Salary Components - Earnings & DeductionsUser Defined Entry Field with unmatched flexibility for Formula, percentage or Customized CalculationTaxable & Non Taxable Earnings for Income Tax CalculationsPayslip / Non Payslip ComponentCalculation based on AttendanceMonthly or Yearly PaymentsAlso compute various other components that do not appear in PayslipAlso compute various other components that do not appear in PayslipLeave & Attendance ManagementLeave Rules can be definedIncrement of Leave on Pro-rata basisCarry forward facility for balance leaveEncashment of LeaveLeave Utilizes & Balances can be checkedCL, PL, SL, Compensatory & Customizable LeavesAutomatic Leave payout on termination of Employees (in Full & Final Settlement)Swipe card / Attendance machine if any can be linked to our softwareAttendance ArrearsMonthly Attendance Register & Yearly Attendance SummaryLoan & Advance ManagementUser Definable Loans/Advances (Multiple)Loan Disbursement option with EMI optionAutomatic recovery of EMI & stops automatically once the Loan amount is totally recoveredAuto calculation of Interest on Loans based on Flat Interest, Reducing BalanceLumsum recovery of LoanInterest free Loan Perquisites as per Income TaxLoan Recovered, Loan Balances & Loans History - Employee wisePayroll ProcessingInput information for all newly joined employees and resign left employeesCreate a new payroll month & Process SalaryOver-ride facility for any Salary componentsSalary on Hold & Freezing of Salary in case of Termination of EmployeesProcess by Exception - you only need to enter Pay and/or deduction information when there are changesPro-rata calculations for employees based on AbsenteeismProcess & Print Payslips for groups or for selected employeesLock month facility to avoid changes in Processed DataSalary Reports (Payslip & Salary Sheet)Automatically calculates all the income, deductions & Company Contributions as per the requirementRegular Payslips (with Logo) can be viewed or EmailedReimbursement Payslips can be viewed or EmailedUser defined Salary Sheets can be viewedGenerates Cash / Cheque / Bank Transfer ListGenerate Bank Statement, Direct Electronic Bank transfer files & Covering Letter for BanksYTD salary Sheet & Summary of each employeeSeparate Payslips can be generated for Arrears, Medical, Reimbursement & LTBank TransferBank Transfer Statement facility available for all the banksSoft copy format also available in Excel or any format specified by different banksBank Transfer Statements can be generated for both Regular, Reimbursement Payments & Supplementary PaymentsCovering LettersCheque / Bank Transfer / Cash ListReimbursement ManagementMultiple Reimbursement Components like Medical , LTA & Customizable Reimbursement ComponentsUpper limits can be specified Employee wise or Grade wiseAnnual Limits or Monthly AccrualsOpening Balance, Entitlement, Amount Reimbursed and Balance amount can be checkedReimbursement Payslips, Bank transfer statement for Reimbursement ComponentArrears CalculationArrears calculation for any previous period / Retrospective effectSeparate Payslips can be generated for the Arrears ComponentsBank transfer statement for Arrears ComponentOther PaymentsArrears CalculationsGratuity, Bonus & Exgratia CalculationReimbursement - Medical, LTA or any other user definable reimbursementSupplementary PaymentsMonthly Reconciliation - allow us to compare the changes in the pay components from last month to this month or for any number of monthsPF Calculation & ReportsUser defined PF Rate of Deduction for Employer & EmployeeEmployee & Employer ContributionAutomatic Bifurcation of EPF & EPSPF applicability check at Employee LevelOptions to Limit Maximum Salary for PF DeductionForm 5, 10, 12A, 3A, 6A, Challan & Reconciliation StatementESIS Calculation & ReportsUser defined ESIC Rate of Deduction for Employer & EmployeeESIC applicability check at Employee LevelESIC Register, Form 5, 6 & ChallanProfessional TaxUser definable State wise SlabPT applicability check at Employee LevelForm III & ChallanIncome Tax ManagementAuto calculations of Exemptions & Deductions and compute income tax payable for the entire year & the tax to be paid this monthAuto calculation of TDS based on ProjectionsIncome Tax Projections with the options to deduct projected tds from Monthly SalaryPrints Form 16, 16AA, 12BA & Challan 281Quarterly e-TDS Return as per the NSDL formatIncome Tax Projections can be emailed in PDF formatFull & Final SettlementEmployees Full & Final settlement can be prepared based on resignation of employees either in the current month or in the previous monthAutomatically calculates outstanding Loan balances, Notice pay and Leave Encashment , Gratuity and recovers all Loan balances and Income Tax.Generates Full & Final Settlement Calculation sheet for all the calculations doneUser Defined ReportsUser Defined Reports with the option to choose from the available field, user can define his own customized columnar reportsSorting, Grouping, Sub-total, Grand-total & Conditions can be definedReportingOutput reports to screen, printer, MS Word & ExcelOption to preview Payslips / Salary Sheets or any other reports on screen before final printingPrint Transaction & Master History for any periodGenerating report is made easy with an advanced filter function to select the relevant employees or groups for the reportPrints any of our report for the previous periods.Data Import (Masters, Salary & Leave Record)Employee & Payroll Data if available in Excel can Imported to our softwareHR FunctionsPersonal Details Qualification, Work Experience, Earning Members, Dependent, Hobbies, Achievements, Checklist & Attachments Trainings, Commitment & Targets, Discipline & AppraisalVarious RemindersUser RightsUsers can be createdUser Level Rights can be created and managedOther Add on ModulesIntegration of Payroll Software with TallyCheque Printing Module