Following features are released in the Payroll Module 1.Payroll Configuration : No of Payroll can be defined in payroll definition 2.Component Creation : Various salary components will be created as per the HR Policy. 3.Global values Creation : Fixed Rates or values used in calculation or validations can be defined in Global Values. 4.User Defined Tables : Matrix structured values can defined using table structure and values. 5.Formula writing : System provides flexibility to calculate the salary using formula master 6.Payroll Processing : Generating the payroll for all employees or group of employee or single employee using payroll run. 7.Generate Expense Invoice : After processing the payroll , Payroll data should be transferred to expense invoice with respective charge (account) 8.Batch Component Entry Process : Used to upload the salary component in component entries in bulk. 9.Pay slip : Standard pay slip after processing the payroll . 10.DB Items : Static and Dynamic Data base items used for calculation in formula. |