Kanoe Softwares

PayMaster, Your Own Payroll Solutions...... :		Download
Features of Paymaster:Paymaster is a very user friendly and comprehensive Payroll solution.so,it is highly parameterized.It can be configured to suit any organization.The main features of the Paymaster are: Setting Up Paymaster Earning / Deduction definitions Earnings and Deductions of various pay components can be defined as formulae. Hence any sort of complicated calculation can be achieved by defining the formula once. Overtime can also be defined as one formula. Formula can be defined to have proportionate calculation based on number of days or absolute values. Each formula is linked to the TDS calculation parameter. Employee categorization Employees can be categorized according to Branch, Department, Designation, Cost centers, grades etc. This is very useful for generating MIS reports. Employee Salary Structure Each employee can be assigned a separate set of earnings and deductions. The statutory deductions viz PF/ ESIC / TDS / P Tax can be selected for an employee. Professional Tax Slabs P Tax Slabs can be defined for each state Range values and amount to be deducted can be updated by the user Payroll Processing Monthly Transactions Monthly days to be paid and overtime hours can be entered for the processing purpose. At this stage, provision is made for temporary earnings and deductions to be entered for a Particular employee. Processing Control Processing for a particular month can be done any number of times. Processing can be done branch wise or for a particular employees. A month can be "closed" for processing, which freezes the salary and does not allow any changes thereafter. Salary disbursements Disbursement of salary by cash / cheque or direct bank transfer is provided. Pre-defined formats for ICIC / HDFC / CitiBank The loan recovery amount directly goes as deduction to payroll processing. Loan balance and summary reports, can be generated Pay Slip and Registers Payslips can be printed in a variety of formats. Payslips can be sent via email in pdf / excel formats to all the employees Several pay register formats are provided. User can design their own payslip format. Legal Provisions Covered a. P.F. ESIC Form 3A / Form 6A / Form 12A / Form 5 / Form 10 / Challan b. ESIC Form 6 c. P Tax Monthly deduction summary / Challan / Annual Return Powerful TDS Module A very powerful feature packed module, allows estimation of TDS based on auto update of payroll earnings and allowing update of other factors viz other income, perquisites, Rebates etc. Estimation sheets can be given to employees for their investment planning. The software directly computes the following House Rent Allowance Conveyance Allowance Perquisites for House / Car etc Standard Deduction Other income / loss Rebates Tax Payable Form 16 / Form 12B / Form 24 can be printed Standard letters for getting Investment details / Reminders Automatic creation of eTDS Return MIS Salary Analysis Salary analysis across any wage component employee period Summaries and details for each option are provided. On Screen Salary Account Drilldown On Screen Employee wise yearly salary details Additional Modules Leave Records User Defined leaves Availing of leaves and credit of leaves for each employee can be updated Leave reports generated. Reimbursements Reimbursements accounting can be made in Payroll. several reimbursment codes can be defined. Monthly reimbursment transactions can be entered. Reimbursement wise/employee wise reimbursment codes can be generated Loan accounting and deduction can be automated. A very flexible module,which allows user to calculate monthly deduction based on type of recovery, rate of interest and period of loan. Arrears calculation Arrears for any pay component for any period in the past can be automatically calculated. Host of Standard Reports Monthly Reports 1. Pay Slips - Multiple formats as well as facility for the user to design the payslip 2. Pay Registers - Horizontal / Vertical and user-designed formats 3. Disbursement Reports - Cash / Cheque / Direct Bank Transfer 4. Pay JV 5. Tds Estimation Slips Statutory Reports 1. PF Statements a. Form 3A b. Form 6A c. Form 12A d. Form 5 e. Form 10 f. Challan g. Reconciliation Statement 2. Professional Tax Statement a. Monthly deduction summary cum challan b. Annual Statement 3. ESIC Statements a. Form 6 b. Reconciliation Statement 4. Tds Forms a. Form 16 b. Form 12BA c. Form 24 M.I.S. Reports 1. Employee/Branch/Department/Section wise costing report 2. Earning/Deduction Summary 3. Overtime Analysis 4. Monthly Comparison Sheet for comparison of user defined earnings / deductions On Screen Query 1. Pay Slip Query 2. Employee Attendance Query 3. Drill Down Salary Account We have successfully installed our payroll package with somany enterprises including Mahavir Sales Corporation Hoister India ABC Corporation to name a few..........