Payroll21 Standard Features

  •    User defined Earning, Deduction components

  •    Components can be Fixed, Variable or Formulae defined

  •    Components can be salary or non-salary (Reimbursement)

  •    Supporting components for easy formulae definitions

  •    Income Tax settings at component level

  •    User defined Leave & Loan management

  •    Unlimited Paygroups, Cost Centers, Locations, Departments, Grades, Designations, Banks, Slabs, Divisions, Branches can be maintained

  •    Optional user defined ‘ days per month’ for payroll process

  •    Employee details with photograph

  •    LOP  with date tracking

  •    Multi company salary processing

  •    Statutory reports, Standards reports & User defined query builder

  •    Weekly & Non weekly holidays can be set  paygroup wise

  •    Multiple Leave and PF groups can be defined

  •    Gratuity calculation with taxable & non-taxable parts

  •    Option to set Income Tax calculation as automatic or manual entry

  •    Pay slip with Leave & Loan details