Product Profile Developed by: OPEL SYSTEMS and Consultants Pvt. Ltd. The most comprehensive…Employees Benefit…Software Package. . .
Scope of the Product Modules þ Payroll þ PF þ ESIC þ Income Tax The most comprehensive…Employees Benefit…Software Package. . .
Pay. Soft • GUI based User friendly interface • Reports grouped in the Print board • Reduced monthly entries for processing The most comprehensive…Employees Benefit…Software Package. . .
Pay. Soft supports. . . • • • Multi-company Multi-location/site Multi-user Interface with TAR Interface with Accts. (EX-NGN , Baan) The most comprehensive…Employees Benefit…Software Package. . .
Module : Payroll Now its easy and faster. . . • Flexible Salary structure – – Create your own Earnings/Deductions/Perquisites as per company policy. Leave without Pay(LWP) is prorated Calculate salary on a monthly or as per a pre-determined basis Retrospective effect of earnings and deductions The most comprehensive…Employees Benefit…Software Package. . .
• Leaves – Configure new leaves as per company policy – Carry forward and accumulate leaves across calendar year. • Multiple loans and automatic creation of deduction heads • Grade wise Earnings and Deductions • Comprehensive coverage of Perquisites and notional earnings/perks. The most comprehensive…Employees Benefit…Software Package. . .
Other highlights • User defined Parameter setting for govt. rules and company policies like IT/PT/PF slabs, percentage for PF, Stand. Deduct. etc. • All variable parameters can be changed by user The most comprehensive…Employees Benefit…Software Package. . .
Other highlights • Formulae configuration of company specific earnings (Production Incentive, OT allowances. . ) and deductions( Late marks etc. ) The most comprehensive…Employees Benefit…Software Package. . .
Payroll Report list includes. . . • • • Payslip Salary sheet Annual statement Dept. wise reports Cash/bank/DD statements • Loan balance • • Bonus Provision Gratuity statement Perquisite Statement Attendance Statement • Proff. Tax Statement The most comprehensive…Employees Benefit…Software Package. . .
Provident Fund Report in time Form 3 A. . reports are printed in the final form Print …and …Submitt The most comprehensive…Employees Benefit…Software Package. . .
PF -For Exempted and Un-exempted organizations • Includes statutory reports as required by Govt. /Trust • State wise PF reports • Site wise PF summary • PF structure can be changed dynamically • Reconcilliation and dues statement • Option for PF deduction for contract employees • PF acounting for exempted establishements The most comprehensive…Employees Benefit…Software Package. . .
PF reports include. . . • • • Un-exempted Org. PF checklist PF statement Form 3 A/6 A/12 A PF challan(including SBI format) Reconcilliation and dues as per challan and 12 A • • Exempted Org. Form 5/10 Form 6/4/7/8 Accumulation statement for trust Monthly contribution statement The most comprehensive…Employees Benefit…Software Package. . .
ESIC • Statutory reports as per Govt. format is printed on determined frequency. • Reports include Form-6 and form -7. • Deductions are automatically calculated and effected every month. • Half yearly reset of deductions sequence The most comprehensive…Employees Benefit…Software Package. . .
Income Tax Your employees would smile. . . The most comprehensive…Employees Benefit…Software Package. . .
Income tax modules • Projection sheet on click of the button – considers investments done and tax deducted till date. – Projects tax liability considering investments and deductions. • dynamic integration with Payroll earnings/deductions/perquisites The most comprehensive…Employees Benefit…Software Package. . .
Highlights of IT module • • • Form-16 - print on demand Employee wise projection sheet IT Form-24 for company as per statutory format IT rules can be changed dynamically Investment details are captured under the respt. Sections • Detailed annexures for Form-16 are supported • Projection of tax laibility • Changes in investments have immediate reflection in Income tax deduction. The most comprehensive…Employees Benefit…Software Package. . .
Income tax Report List includes • • • Form - 16 Form - 24 Annexures for Form - 16 Projection sheet for employees Other MIS reports The most comprehensive…Employees Benefit…Software Package. . .
Thank you OPEL SYSTEMS & Consultants Pvt. Ltd. Tel no. : 569 3505/ 567 3681 Email : info@paysoft. net www. paysoft. net The most comprehensive…Employees Benefit…Software Package. . .
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