HR Mangtaa Payroll Module is flexibly designed to handle varied types of payrolls and business specific rules. Fully integrated with modules like leave, time, office, claims, reimbursements, bonus etc. One of the best and comprehensive Payroll system with Pay slip generation option.
Define any kind of loans or salary advances and calculate on flat, reducing, PMT and average value method
- HR Mangtaa Software automatically calculates loan EMI once the loan is granted.
- The personal or housing loan comes as a deduction in the pay slip. Can generate reports for the same and track how many employees have taken the loan and how much of the loan money is outstanding.
- Perks earning can be defined in the System along with the number of pay earning, perk recovery and deductions.
- As per the requirements, Pay heads can be included in full or final settlement or a flexible benefits plan or in group insurance.
- Adjustments can be based on full or negative or partial amount for any deductions like PF.
- Most complex pay can be calculated with the help of HR Mangtaa. HR Mangtaa is customized 100%.
- Easily configure the pay heads including flexible benefits based on a formula or a maximum limit.
- The module has Profession Tax table.
- Powerful income tax formula builder.
- Salary can be processed in few easy steps.
- Employees can view their salary, loan and income tax slips online in a few clicks.
- Standard reports like company wise, department wise, designation wise, salary statements, Form 16, PF, ESIC statements, loan transaction, arrears exemptions, TDS reports, salary reconciliation, e-form 24 Q, PF and ESIC reports and challans can be generated.