Payroll


Payroll

We have to process payroll and provide payout to employees. Also we need to keep the accrued company expenses for Every employee. Which will be used at the time of end of service benefit or Annual leave encashment.

You can process payroll as per grade and department. So you can process payroll to a specific department or grade. Even you can process it to a single employee with it. Once you process it for a month. You can process it again. But you can edit the the payslip if the GL entries are not posted for an employee. It's better to avoid consequences if the entires are posted. You can void it and recreate the payslip again. Hope it sounds good for those who looks to delete the payroll for an employee.

The calculations are already created as allowance. So you can simply process the payroll and finish it. The LOP, loan EMI deductions, advance salary are all auto deducted. You can simply cross check the calculation and process the payroll. 

Inquires and Reports 

Also, you can print from any employee Payslip and you can email it to corresponding employee. Bank statements and payroll history, bulk payslips reports are available to export data's during the time of payout.

Payslip

Payslip is a simple salary slip it will be helpful to process single employee payroll and also display the Payslip in one form. Inorderto create Payslip, you need to select the fiscal year and month of payout and employee name from the list.


Did you find this article useful?



  • Introduction

    Introduction The Extended HRM is compact module to manage employee records and process Payroll to them. It helps to maintain not only the employee re...

  • intall and configure

    Installation Installing HRM Extension is quite similar to other extension you are installing from FrontAccounting repo. Let me give you the simple st...

  • Other Functionality

    Leave Encashment I hope you might need to use this for vocation and leave salary feature. This widely applied with different combinations of allo...

  • Allowance Setup

    Allowances Setup We have different set of employee group, which actually needs to use different allowance formulas for each group, so here we a...

  • Attendance

    Attendance The attendance is a core module which helps to record each employee present and absent records and everything. We can record  attenda...