Payroll Management

This extremely flexible Payroll System completely manages the payroll functions of the organization. As with other modules in the PERSMAN, it is completely parameter driven, and has been designed from inception to be as open and flexible as possible.

The system is designed to be flexible enough to accommodate specific users’ requirements. These include appraisal reports, specialized pay slips etc.
The system is able to interface seamlessly with existing banking and financial accounting applications.

Because of its parameter driven nature, there are no restrictions on the number of emoluments, contributions etc, that can be defined. The application allows for performing trial runs with several options so that several scenarios can be examined before making the final run. Staff loans can be managed by this system with flexible repayment plans that are defined by the organization. Exceptions, which may apply to individual employees or groups of employees can easily be defined and applied to the payroll.

Flexible Emoluments Definition
The payroll module allows for an infinite (constrained only by the database size) emolument definitions. In addition to this, it also allows for derivatives of the designated basic emolument either as a percentage or a combination of percentage and a fixed amount. Emoluments can be paid based on user defined frequencies.

Flexible Statutory Deductions/Contributions Definitions
Statutory and non-statutory deductions can be set up in the payroll system. The frequency of occurrence of such definitions can also be specified and not necessarily tied to every payroll run.

Loans Administration and Control
One of the most powerful features of the payroll system is the loan module. The loan module allows monitoring of loans granted employees, and it can be setup either as a simple interest or compound interest earning loan. Payment schedules are generated prior to approval and a complete picture of the loan run is at the disposal of the user. The loan module also allows for outright write off of existing loans or direct or manual repayments. Apart from this, it also allows increment or decrement of the principal value for valid loans. Interest and Principal repayments can be based on user defined frequencies so that a repayment plan unique to your needs of specific members of staff can be defined.

Flexible Tax Definition and Control
The payroll module allows for multiple tax definitions with accompanying band rates. This essentially allows the user to tie any taxable emolument to the desired tax definition. The tax module also allows for tax exceptions to be set up for an employee or a group of employees.

Payroll History Reporting
The system generates useful reports after each payroll run. These reports vary in scope and design and can actually be customized to suit the user’s taste. The default reports that come with the system includes, but not limited to, the following: Payroll register, tax deductions, loan deductions, payment schedule, contributions and deductions. Historical reporting can be initiated at any point in time.

Features include...