Pay Genie Lr
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www.minvesta.com Running successfully in more than 100 factories across India smart payroll software for smarter managers. paygenie Payroll Management Software Minvesta Infotech Ltd. is part of the Randstad Group
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19-Oct-2014 -
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Transcript of Pay Genie Lr
www.minvesta.com
Running successfully in more than100 factories across India
smart payroll softwarefor smarter managers.
paygeniePayroll Management Software
Minvesta Infotech Ltd. is part of the Randstad Group
"People", the most valuable asset is also the most dynamic entity of an organization. In today's demanding environment, the Payroll Department needs to process error free payroll with its complicated requirements to live up to the expectations of their internal clients - Employees.
Understanding the complexity of such a process, MinVesta with its domain expertise has developed a Payroll Software named PayGenie aiming to make the Payroll Department's job easier. This product can be called complete in the sense that it is designed to house any kind of critical requirements for any type of industry starting from the standard Payroll module to Reimbursement and Loan Modules. It can handle entire Employee Remunerations Services, in any Organization. It is easy to use and is configurable according to an organization's specific Payroll structure.
complete payroll solution
MinVesta's Payroll Software has been built in a modular structure to offer maximum flexibility and options to our customer. The various features of MinVesta's Payroll Software are:
Complete Payroll SolutionHighly CustomizableUser friendlyIntegration with other systems – HRIS, HRMS etcIn-built Backup and Restoration of DataWindows InterfaceFlexible Report writerPowerful Security levelsImport & Export of Data from Other Systems
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Standard Features
Advanced Features
Salary Components
Income Tax
Reports
?Multi Company Payroll
?Multi Pay group Processing
?Multiple Divisions/ Branches/ Depts./ Grades etc
?Standard Statutory Reports
?Unlimited Conditions with formula for individual salary component
?Provision to view all information through „Information at a Glance?
?Option to furnish Previous Employer IT details
?Pay group wise Processing
?Processing New joinee Arrears, Arrears, Salary and Income Tax together
?Processing Salary and Non-Salary individually
?Option to provide Salary Adjustments
?Reimbursement Management System
?Loan Management System
?Special Functions in Formulas and Conditions Builder
?Option to send Pay slips through email (To be modified for New Database Structure)
?Settlement process with taxable and non-taxable gratuity
?User definable Deductions like PT, PF, ESI with/without formulas and conditions
?User definable Reimbursements
?User definable Supporting components like BASIC RATE, DA RATE with/without formulas and conditions
?Formula and Condition builder for Earnings, Deductions and Others
?User definable Investments/Savings (LIC, UTI, ICICI) and set the Qualifying and Deductible amounts/percentages for the same
?User definable leaves like CL, SL and Encashable Leaves like PL
?Multiple Loan definitions like Flat/ Diminishing/ EMI Loans
?Formulas for Encashable Leaves with Leave Carry Forward Option
?Defining Income Tax section percentages:
?Section 80G, 80GG, 80L, 80CCC, 80D, 80DD, 80DDB (For Chapter VI-A) and 88, 88A, 89 (For Chapter VIII)
?Changing percentages of "LESS/DEDUCTIONS" part in Form16
?User definable settings for "Standard Deduction Slab" and "Income Tax Slab"
?Option to define “Special IT exemption for women”
?User Designable Pay Slips with Employee & Employer Side Contributions option
?User Designable Reports and Statements through Document Designer
?Branch wise / Division wise / Department wise / Employee wise total cost summary
?Generation of Common Government Statutory Reports like:
?Form 6 - A, Form 5 – PF, Form 10, Form 12 – A, Form 5 – PT, Form 5 – A, Form 6, Form 16, Form 12-BA
?Generation of PF, PT, ESI and TDS Reports
?Generation of General Reports like Bank Statements, Attendance, Leaves Details, Leaves encashment details and other income details
?Reports can be printed in Graphic and Text mode
highly customizable and user-friendly
www.minvesta.comMinvesta Infotech Ltd. is part of the Randstad Group
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+91 92 4619 0827+91 93 8285 8057+91 93 2259 3505
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