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Payroll Management
Module
Payroll Management

This module includes salary calculations, tax deductions, direct deposits, statutory compliance, leave management integration, and customizable reporting for financial transparency.

By biCanvas
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Category

Module Of Infrastructure

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Last Update

20/12/2022

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Language

English

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Terms

View Term & Condition

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Description

About Module

biCanvas ERP software for payroll management facilitates automation in salary calculations, deductions and disbursements for employees. It integrates with attendance and HR modules to ensure accuracy in payments, tax calculations and compliance with labor laws. This module streamlines payroll processes, enhancing efficiency and reducing errors in financial transactions.

Key Features Of Module

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Salary Calculation

Automates accurate salary computations based on employee attendance, leaves, and applicable deductions.

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Direct Deposit

Facilitates direct transfer of salaries to employees' bank accounts securely.

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Employee Self-Service

It allows employees to manage payroll, salary, personal information, attendance, leave, time tracking and shift management, training and development.

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Benefits Administration

Manages employee benefits and automates enrollment, tracking and reporting of health insurance, retirement plans and paid leave.

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Compliance Reporting

Generates reports for regulatory compliance and audit purposes.

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Tax Management

Handles tax calculations, deductions and compliance with local tax laws.

RESOURCE

Insights, Expertise & Media

Go through the documents for complete walkthrough on bicanvas ERP software

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