Accounting And Payroll Software

Payroll Accounting system , which is fully integrated with FAS and user friendly is the best available software for payroll accounting which is available for networked systems as well as windows platforms.

Efficient Preparation of the salary and wage slips on time is the main function of the accounting and payroll software. It also generates statutory reports for all the departments. Data gets auto posted to the Financial Accounting Software (FAS). There are excellent MIS reports to help you control costs and get a good overview of the payout. Using this software reduces the time you spend on your computer to a great extent.

The key features of accounting and payroll software's are payroll reports, return forms, MIS reports, graphic representations, transaction entries, master entries and other utilities.

Payroll Reports: The payroll reports include Pay Register, Pay Slip, Monthly PF, Yearly PF, Monthly Tax, Yearly Tax, Monthly Income Tax, Yearly Income Tax, Monthly ESI, Yearly ESI, Bank Advice, Leave Status, Bonus, PF Loans and Advance.

Return Forms: The return forms include Form 16, Form 24, Professional Tax Returns, ESI Returns, PF Returns (Form 12A, Form 3A, Form 6A), ESI Returns, F.P.F. Returns, EDLI Forms, Gratuity Valuation and Leave Encashment Valuation.

MIS Reports: The MIS reports include Salary Certificate, Salary Reconciliation, Cumulative Pay Slip, Cumulative Pay Register, Estimated Cost to the Company Computation, Actual Cost to the Company, Information Register, Other Payment Slip, Leave Encashment Register, Deduction Register and Monthly Journal for Salary.

Graphical Representation: The various types of graphical representations generated are Monthly Sales Graphs, Location wise Salary Graphs, Category wise Salary Graphs and Department wise Salary Graphs.

Transaction Entries: The transaction entries enabled by this software are Attendance (Monthly, Fortnightly, Daily) both with and without time, Overtime Duration Entries, Other Payment Transactions, Increment / Promotion Entry and Loan & Advance Entries.

Master Entries: The types of master entries are Employee Location, Department, Category, Employee Master, CCA Slab Master, VDA Slab Master, PF Slab Master, P Tax Slab Master, Other Payments Master, Loans & Advances Master, Leave Allotment Master, Employee wise Perquisites Master and Allowances Calculation Rule Master.

Utilities: Other utilities provided by this software are Import Data from Attendance data punching machines, Export data to Excel, Fox Pro, Word Etc., User Defined Pay Register and E-Mail reports & listings.

Thus, the accounting and payroll software is a robust software providing a number of useful features which are sure to enhance the efficiency of the business.