1 SECOND PER EMPLOYEE AUTOMATIC PAYROLL CALCULATION OR 86,400 EMPLOYEES IN 24 HOURS
Yes, HR PAYROLL Modules of Ikonomikal Cloud Accounting ERP calculates payroll automatically at 1 second per employee/head.
The calculation includes all the earnings such as Basic pay, De Minimis, Overtime, Holiday Pay, Allowances... and deductions such as Advances, Withholding Taxes and Contributions (SSS, PHIC, HMDF, Union etc.). The payroll calculation includes the generation of reports such as the payroll worksheet, individual payslip, automatic payroll and accrual accounting entries, etc.. The user can also make manual changes on the calculation. The calculation can be separately done for confidential, regular, contractual and casual employees. A group of employees assigned to customers can also be done.
All the programs of HR Payroll Modules are integrated with the other programs of Ikonomikal Cloud Accounting ERP.
The HR PAYROLL MODULES has the following integrated programs:
1. Document (Non Transaction)
1.1. HR Leave/ Advance Request (Business Advance & Trip or Absence)1.2. HR Leaves Schedules
1.3. HR Liquidation Request
1.4. HR Payment Request
1.5. HR Termination Request
1.6. HR Vacation Request/ Return
1.7. Time Card (from Bio-metrics or any other source)
2. General Setup
2.1. Absent Penalty2.2. Accruals Profile
2.3. Civil Status
2.4. Compensations Profile
2.5. Deduction Profile
2.6. Earnings Profile
2.7. Employee Profile
2.8. Employee Remit-To/ Addresses
2.9. Employee Salary
2.10. HR Contract Price
2.11. HR Job Categories
2.12. HR Settings
2.13. Job Descriptions
2.14. Late Penalty
2.15. Relationships
2.16. Religion
2.17. Salary Templates
2.18. Time Schedules
2.19. Time Set Groups
2.20. Time Sets
3. Transactions
3.1. Employee Advances/ Loans3.2. HR Adjustments
3.3. HR Bank Group Payments
3.4. HR Bank Payments
3.5. HR Cash Group Payments
3.6. HR Cash Payments
3.7. HR Payroll
3.8. HR Project Allocation
3.9. HR Terminations
3.10. HR Vacations
3.11. HR Liquidattions/ Refund of Advances
4. Cash Fund Reversals
4.1. HR Cash Group Payments Reversal Entry4.2. HR Cash Payments Reversal Entry
5. Bank Reversals
5.1. HR Bank Group Payments Reversal Entry5.2. HR Bank Payments Reversal Entry
6. Options and Helpers
6.1. HR Payroll Batch Copy6.2. HR Payroll Batch Run
6.3. HR Time Card Batch Run
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