17/05/2022 Computer - IT - Webs
The word payroll software refers to automating the entire gamut of payroll tasks involved in calculating the salary of the employee, calculating the statutory deductions, arriving at the amount of payout to be done and ensuring that the calculated amounts are paid out to employees on time.
Advantages of using an Online Payroll Software
-Affordable cost
-Easy to use
-Relief from regulatory aspects
-Easy and fast payroll reconciliation
-Generating Accounts JV (Journal Voucher)
-Multiple reports generation
-Inbuilt leave and attendance data as automated inputs
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