Payroll Management
Releasing of salaries to the teachers and other staff is a monthly task
and must be carried out with precision and there are several aspects
which have to be taken into consideration as salaries encompass several
components and not even one can be left unheeded and this module helps
the school to handle all the related aspects with absolute accuracy and
in a meticulous way. The module processes salaries and generates related
reports for the school. iT also publishes salary slips online as today
everyone demands for it for different purposes. The module acts as a
data bank to store information regarding savings and investment details
of each individual employee and it stays with the school perennially and
can be altered at any given point in time whenever there is any change.
It helps in TDS calculation and generates reports related to it. The ECR
file can be generated through this module for the purpose of Provident
Fund (PF). The calculation related to not only PF but ESI is possible
here and it helps to generate reports regarding it.
The module also prepares report related to bank salary disbursement and
helps the school to keep a record of loans and advances for every
individual employee. Moreover, it is very helpful in calculating
increments and arrears.