PAYROLL MANAGEMENT

A payroll management system is a tool – predominantly a software program – that enables your business to handle all your employee’s financial records in a hassle-free, automated fashion

“Payroll Management System” is one of the core areas of your business. Usually, it is pursued to manage the employees the employee’s expenses, Allowances, salary, Gross Salary, Deduction, Tax and many more for a specific time period. Management and Accounting are two main essential parts for payroll. Payroll is an area in which you do not want to take any risk because it leads to some financial and serious legal consequences. Payroll is a serious concerns for every SME. It is mandatory for all business to pay every employees as per the government rules and regulations. Furthermore, this project will develop for company management and enhance business in market and maintain the prestigious and reputation of the company. Others, this project to facilitate company to handle all the legal process and employee’s expenditure properly and systematically.

A payroll management system is a tool – predominantly a software program – that enables your business to handle all your employee’s financial records in a hassle-free, automated fashion. This includes employee’s salaries, bonuses, deductions, net pay, and generation of pay-slips for a specific period
Why do you need a payroll process for your business? As you would have already realised, your business activities are primarily divided into two broad categories: the macro and the micro. The macro here refers to the broader and big picture stuff. These are the activities that aid the long-term vision of your organisation. Your business development strategy, sales, revenue, cash flow, etc., fall under this category. The micro refers to the everyday administrative chores that fuel the day-to-day operations of your business. Although these tasks seem mundane and repetitive, they are just as important to keep your business running like a well-oiled machine.
Payroll System Project Modules
  • Employee Management
  • Leave Module
  • Allowance and Deduction
  • Salary Module
  • User Account