Payroll
system
OXYOPIA Payroll System is very simple, flexible and user-friendly
Payroll Management software especially for INDIA that takes care of all your
requirements relating to accounting and management of employees’ Payroll. OUR
Payroll System stores complete records of the employees, generates Pay-slips and
Attendance Register, Computes all allowances and deductions and generates all
Statutory and MIS reports. Our Payroll Software is developed to
calculate employee's accounts, payments, & maintains the
employee's registers.
As you know, it has become very difficult in industries & big
companies. The employer has to look upon on employee's salary, which
depends on its Zone, Skill, & the field where he comes from. Apart from this he
also has to look upon on all the taxes levied, accordingly deductions to
be made, as per the government's rule. All these calculations & accounting,
doing manually have been hectic for years, above all the calculation is made on
the number of days, the employee is present. All this is a long process; it
consumes lots of time, you have to also be accurate, a minor mistake can be a
big loss. Either you take so many days just for the calculation of the salaries
of so many employees, or you go to a company, who deals for you this
calculation. But then it does not become economic, as you have to accordingly
pay commissions to these companies, as per their charges. Our Payroll
System offers very high flexibility in defining various allowances, deductions,
leave rules etc. for the employees and all formula for P.F, E.P.F., E.S.I.C.,
Income Tax etc. are definable and changeable at User's end. The process of the
salary calculation and attendance markup of the employee is easy
to understand and use. We divide and give you various options for the various
standards of the employee, to how an employee's salary from "Basic Salary"
to the "Take Home Salary" is calculated.
The salary calculation process is given below of each of the
employee:-
Basic salary
(based on Skill & Zone)
Earned salary
(Basic Salary + no. of days present + Dearness Allowance)
Gross Salary
(Earned Salary + Increments & Allowances)
Total Deduction (The taxes, loans, advances, P.F,
E.S.I.C, T.D.S, etc.)
Take Home Salary
(After the allowances added to the Earned salary & deduction made).
(Gross salary, will be the actual "Take Home Salary" of the
employee).
Payroll software allows organization to generate pay slips and salary register,
based on the attendance of the employees taking care of leaves, overtime,
allowances, loans and other standard deductions like P.F, E.S.I.C, Professional
Tax, Income Tax etc. You just have to assign the employee a salary structure and
you are ready to generate and manage payroll processes with respect to that
employee. Also, OXYOPIA SERVICES Payroll System provides the end user to have
the flexibility to create his own salary structures and salary formulae in its
OXYOPIA SERVICES.
The calculations will become easier with the Payroll Software,
but again making the payments of so many employees manually is a time consuming
process.
OXYOPIA SERVICES Payroll System provides full functioned and
reliable payroll for an unlimited number of employees. Its ability to
integrate with several all-in-one accounting packages gives small OXYOPIA
SERVICESes an option to reduce costs and break away from the forced annual
accounting software upgrade typically required for maintaining payroll
within those products.
Main Inbuilt Features:
> Handles many Employee's salary calculations & Service providers handling
multiple "Payrolls".
> Tracks the record of each Employee's details.
> Tracks and records vacation/sick days and calculates overtime.
> Handles many different types of leave.
> Taxes, Increments and Deductions already set up in the "Salary Setting" module
provided on all the fields like Bonus, Labour Welfare Fund, Esic, Provident
Fund. Modifies to fit your operation or create new ones as & when required.
> Calculates each Employee's salaries on the basis of their attendance.
> Calculates each Employee's salaries on the basis of their increments on the
basic salaries.
> Calculates each Employee's salaries on the deductions of the taxes applied.
> Easy to manage and the calculation are visible and simple to understand.
> Processes Employee's Payment, according to the days, month or the year
required.
>
Generates pay slips of each employee.
KeyFeature
Designed
for Windows 98/ME/XP / Win NT - 2000 / 2003.
Powered With RDBMS Technology ( Ms Access / Ms SQL)
Compatible with any Time Recording Machine.
Master Data Import.
Windows printing Option.
Minimum User Entry
User define Allowances, Deduction
With Full & Final Settlement.
The actual process of the salary calculation of the employee is
given below.
Basic salary (based on Skill & Zone)
Earned salary (Basic Salary + no. of days present + Dearness Allowance)
Gross Salary (Earned Salary + Increments & Allowances)
Total Deduction (the taxes, loans, advances, P.F, E.S.I.C, T.D.S, etc.)
Take Home Salary (after the allowances added to the Earned salary & deduction
made on the Gross salary made, is the actual Take Home Salary of the employee).
Our Payroll System has come with the ideal solution to this
problem with software, which accounts & manages your OXYOPIA SERVICES on your
finger tips.
To sustain your current leadership status, in this competitive
field, is not easy.
With OXYOPIA Payroll System it will " Now " become, just on the click of the
buttons, and be totally burden free, with its best feature is that it consumes
very less time & the whole process is controlled on your finger tips. OXYOPIA
Payroll System an Accounting Software have designed this program, as per your
requirement therefore it is a complete controlled program. OXYOPIA SERVICES
Payroll System account manager keeps your accounts up-to-date without any
effort.
