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.