OPEL / 5693505
SYSTEMS& Consultants Pvt. Ltd.

PaySoft®

Paysoft is a GUI based Payroll system. Paysoftexploits the GUI features of MS Windows very effectively. Statutory reports for the respective modules are also printed. The strengths of the software are :-

  • Supports Multi-company requirements.
  • Supports Multi-locations / Sites across the country.
  • Supports Multi-user environment.
  • Available on multiple platforms.

The areas that are covered by PaysoftVersion1.0 are as follows :-

  • Payroll
  • Provident Fund

PF government (Un-Exempted establishments)

PF Trust (Exempted establishments)

  • Income Tax

TDS calculation

Tax Projection for employees ( in Form - 16 format)

  • ESIC

Highlight :

  • User Friendly interface.
  • Secured via valid User and Passwords.
  • Secured via Permissions.
  • User Creation and Administration for user permissions.
  • Interface with the Time-Office Analysis S/w System.
  • Structured categorization of modules and reports.
  • One time entries for master data.
  • Rule Book maintenance.
  • Definable Controls like rules and defaults.
  • Definable New Earnings, Deductions, Perquisites and Leaves.
  • Priority Setting for Earnings, Deductions, Perquisites.
  • Maximum Working Days can be defined.
  • The Employee classification like Permanent Staff, Workers, Trainees, Departmental Labour, Contractual Labour etc. can be defined.
  • The Earnings, Deductions and Leaves can be allocated to these classified employees.
  • Automatic calculation of Earnings and Deductions.
  • The factor to calculate rate per day allowance can be defined.
  • Definable Investments.
  • Employee Investment Details are captured.
  • On line Projections.
  • Loan and Advance maintenance (With multiple Loans and Advance feature).
  • Interest Calculation on Loans.
  • Installment and Interest Payment pattern can be defined.
  • Salary adjustments / Misc. Adjustments of previous months Earnings and Deductions in the current month can be done easily. The cascading effects on PF / ESCI / TAX are automatically taken care.
  • Increment arrears Calculation and the cascade effect on PF, ESIC and Income Tax.
  • Arrears Break-Up Report.
  • Bonus Provision Statement.
  • Full and Final Settlement.
  • Employee Transfers and the respective effects in the calculations and reports. Transfer of Employees across Sites and automatic Salary Calculations for the period at the site.
  • Perquisite Register and related reports.
  • Definable OverTime Heads.
  • Interface with Financial Accounting System.
  • The utilities include -

Formula Generator.

Report Designer.

User Administrator.

EX-NGN Interface.

Interface with ERP accounts (Live site for Baan interface)

List of Reports (attached )

Payroll

  • Payslip.
(the Payslips can be sorted on the order of the various parameters like employee code/name, Grade, Salary,Dept etc. 1,2 or 3 Payslips per page)
  • Salary Sheet / Pay Sheet
  • Employee’s Salary Structure.
  • Annual Salary Statement (Annual Sheet).
  • Department -wise summary of Earnings and Deductions.
  • Bank Statement.
  • Cash / Cheque / DD Statement.
  • Loan Balance Statement.
  • Loan Installment Statement.
  • Leave Balance Statement.
  • Monthly Leave Statement.
  • Bonus Statement.
  • Bonus Provision
  • Gratuity Statement.
  • Perquisite Register.
  • Attendance Statement.
  • Arrears Break-up Report.
  • Professional Tax cumulative statement
  • Professional Tax detailed statement
  • Total Mandays Report
  • Over Time Payment Statement
  • Rate Card for OT.
/

Provident Fund

  • PF member List
  • Monthly / Annual PF Contribution Report.
For Un-Exempted
Establishments
  • PF Employee Checklist.
  • PF Statement.
  • Form-3A.
  • Form 6A.
  • Form 12A.
  • PF Challan.
  • Reconciliation and dues as per Challan and 12A.
  • Site Wise Month wise PF Summary Report.
  • Form-5.
  • Form-10.
For Exempted
Establishments
  • Form - 6
  • Form - 4
  • Form -7
  • Form - 8
  • PF Accumulation statement for the ( Trust Employee Wise / Consolidated ).
  • Monthly Contribution statement for Trust ( Trust Employee Wise / Consolidated ).
/

Income Tax

  • Form-16.
  • Annexures to FORM - 16.
  • Form 24.
  • Form 12BA.
  • Projection Sheet / IT-Worksheet.
  • Annual Sheet.
  • Monthly / Annual IT Deduction Report.

ESIC

  • ESIC member List
  • Monthly / Annual ESIC Contribution Report.
  • Form-6.
  • ESIC Sheet-2.
  • ESIC Form-7.

Others MIS Reports

  • List of new Joinee.
  • List of Employees Resigned.
  • List of Employees on Rolls.
  • Superannuation Report.

Doc No. : PS/DLR/01Product ProfilePage 1 Of 3