Payroll Management Software lunched by Nitso Technologies

Nov. 27, 2012 - PRLog -- Payroll Management Software is very easy, user-friendly and flexible Payroll Management software for India that takes care of all your requirements relating to management of employee’s Payroll. This payroll Management Software, offers user defined Earning / Deduction / Loan Heads & Calculation Tables. The Software generates all the outputs & statutory reports required by a Payroll application. Payroll Software covers all legal requirements PF, TDS, ESIC, and Professional Tax. Most of the legal calculations are parameterized. Also regular upgrades are provided for changes in the laws.

Key Features
• Flexibility to add or modify any number of Salary Components - Earnings & Deductions
• Calculation based on Attendance
• Monthly or Yearly Payments
• Input information for all newly joined employees and resign left employees
• Create a new payroll month & Process Salary
• Salary on Hold & Freezing of Salary in case of Termination of Employees
• Pro-rata calculations for employees based on Absenteeism
• Process & Print Pay slips for groups or for selected employees
• Lock month facility to avoid changes in Processed Data
• Data importing from Excel.
• Multi User/ User Level Access.
• Report Writer to add/ modify user defined reports with available fields.
• User defined PF/ ESIC rate of deduction for Employee and Employer.
• PF applicability at Employee level.
• Complete drilldown of monthly salary, employee wise yearly salary details are available on screen.
• Manage your own Security.
• Computerized payroll eliminates the stress of processing all the records.
• Payroll Software helps save much time.
• Output reports to screen, printer, MS Word ,PDF & Excel
• Option to preview Payslips / Salary Sheets or any other reports on screen before final printing
• Print Transaction & Master History for any period
• Generating report is made easy with an advanced filter function to select the relevant employees or groups for the report
• Prints any of our report for the previous periods.

For more information, visit: http://www.nitsotech.com/payroll-software.aspx