A payroll management system is a tool - predominantly a software program - that enables your business to handle all your employee’s financial records in a hassle-free, automated fashion. This includes employee’s salaries, bonuses, deductions, net pay, and generation of pay-slips for a specific period.
As you would have just understood, your business activities are basically divided into two general categories: the macro and the micro.
The macro: refers to the large and big picture stuff. These are the activities that aid the long-term vision of your organisation. Your association improvement technique, income, deals. Income and so forth, associated with this classification.
The micro: refers to the the everyday activities of your business. Although these tasks seem mundane and repetitive, they are just as important to keep your business running like a very much oiled machine.
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Shows settings to set different TDS deduction criteria and automatic TDS application.
Enables selecting and assigning desired week off day.
Unlocks the tab for organized loan formalities and recovery.
Activates the option via which emps can apply for short leave.
CONTROL/AUTRORIZATION Authorizes primary user to limit access rights for sub-user.
Shows settings to enable the desired leave types.
Keeps task status updated to assure on time task completion.
Setting essential HR document format to use frequently.