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Payroll Management

Payroll Management

In a short words, Payroll is a list of employees who get paid by the company. A payroll management calculates the amount you owe your employees based on various factors such as the time they worked, their hourly wages, salaries, and whether they took vacation or holiday time during the pay period. If we talk about process of payroll system there steps required to pay employees each pay period and involves employees’ hours worked, their pay rate, and deductions. Processing of payroll software is also ensures employees are paid based on their employment status and other Department of Labor (DOL) requirements.

Payroll management is a method of administering employees’ salaries in an particular organization. Payroll management can also be called as an accounts related activity which commences the salary administration of employees in the organization. Our Payroll Management software ‘PHP Payroll’ is fully integrated with accounts and give’s the benefits of simplified Payroll processing and accounting.

The following are reasons to consider having a ‘PHP Payroll’ for your business:

  • It is time-saving.
  • Maintains payroll information
  • Cost-effective.
  • Secure
  • Easily optimizes for your processing

Any types of business with employees should have a payroll process established; payroll system is a type of most valueable management often the largest expense for a business. An effective and efficient payroll management will ensure that employees are paid accurately and consistently, keeping them satisfied with this aspect of employment and allowing HR to focus on other areas.

A payroll management software designed to organize all the tasks of employee payment and the filing of employee taxes. These tasks can include information about employee records, keeping track of hours, calculating wages, withholding taxes and deductions, printing and delivering checks, completing direct deposit, paying premiums to insurance carriers, and paying employment taxes to the government.

Payroll management is a business related operation for every organisation. A effective computerised payroll management can help you carry out your pay run with greater speed, efficiency and confidence. A payroll system is an effective compliance software for businesses. It is most imperative for your business and related services and information, because it maintain a steady and regular financial process by which they can pay their employees on time.

Advantage of Payroll Software for your business:

  • Helpful for payroll calculations and deductions quicker.
  • calculate payslip, invoices, holiday pay, etc with minimum effort
  • generate accurate payslips

Payroll Software – Payroll Management System

In the sense of storage management, payroll plays a general role in a company for some reasons. From an accounting possibility, payroll and payroll taxes are object to laws and regulations and can ponderably affect the net income of most companies. For example, payroll in the United States is subject to federal, state, and local principles. From a human resources approach, employees are sentimental to payroll errors and irregularities, such as deceased paychecks.

As such, keeping good employee psychic force requires payroll to be paid timely and purely. The primary mission of the payroll department is to check that all employees are paid correctly and timely with the correct withhelding and deductions, and that the withholding and deductions are discard in a timely manner. Payroll comprehend salary payments, tax withholding, and deductions from paychecks.

Net Pay is Delicate in the consideration of payroll taxes. An employee’s overall pay (pay rate times number of hours worked, including any overtime) minus payroll tax deductions, minus voluntary payroll deductions, is equal to Net Pay. Payroll tax deductions play a censorial role and because they are confer by law they are known as legal payroll tax deductions.

Employee Payroll Management Software – PHP HR Payroll

Payroll is a list of employees who get paid by the company. Payroll management also refers to the total amount of money employer pays to the employees. Payroll management system concept used in many organization, where they have to manage employee, worker detail, manage leave and salary. A payroll management system involves everything that has to do with the payment of employees and the filing of employment taxes. This system includes calculating wages, keeping track of hours, withholding taxes and other deductions, printing and delivering checks and paying employment taxes to the government. Any business with employees should have a payroll system established; payroll management is often the largest expense for a business. An effective and efficient payroll process will ensure that employees are paid accurately and consistently, keeping them satisfied with this aspect of employment and allowing Human Resource to focus on other areas.

Payroll management often requires very little input from the employer. The employer is required to input employee wage information and hours—then the software uses the information to perform calculations and deduct withholdings automatically. Most payroll management software is automatically updated whenever a tax law changes and will remind employers when to file various tax forms. Payroll management are often cost effective for your business. They tend to be cheaper than hiring a staff accountant.

Payroll management Application has been designed to for the purpose of maintaining details of various allowances and deductions that need to be given to the employees of the organization. Also, it generates the Payslip of the employees of the organization that assists the accounts department in many ways. Payroll management is used to maintain the Employee details of the organization or concern in different places; this provides each employee details with unique information.

Using payroll management software can help you eliminate errors in your payroll system. Payroll software solve accurately all calculations for you. The main concept of payroll management system is manage employee detail, manage leave, Generate monthly salary, Extra Allowance and Deduction. Administrator is responsible for operate whole system. Admin has rights to Add new Employee, Each employee has a unique username and password to login in to system. After login in to system all employee can apply for a leave and see personal data. The administratot can check leave and he can approve and reject employee leave. According to approve leave the leave deduction will be deducted from salary.

At the time of generate salary we can manually set any types of allowances like- Travel Allowance, Medical Allowance and Calculate HR and DA. Administrator can add, modify and view Employee Report, Leave Report, month wise salary report, year wise salary report, Employee wise salary report. We have use crystal report for generate payslip of employee.

Payroll system is a business-critical operation for every company. You must pay your staff accurately and on time to avoid low morale, bad performance and possibly even reputational and legal difficulties. A good computerised payroll software can help you carry out your pay run with greater speed, efficiency and confidence.

Most payroll system can integrate with another accounting or Human Resource system, which can be highly beneficial and desirable. Like- time tracking integration can automatically import employee hours from payroll system into a HR system. Expense integration can help you automatically synchronize expenses with payroll system. This helps to minimize the need for duplicate data entry, and allows you to streamline processes and prevent errors.

Payroll management software can do many pay-related calculations. However, you will still need to input and maintain certain record for each of your employees. Payroll software is also produce payslips for your employees and produce payment reports to allow you to pay employees, showing the amount to be paid to each employee.

Employee Management Payroll System

PHP EMPLOYEE MANAGEMENT PAYROLL SYSTEM

Payroll means the list of employees that receive compensation from a company, in other words we called payroll is a the total amount of wages paid by a company. Payroll is most important for a business purposes. Payroll Software/System is most important of any company and organisation. Helps of this we can easily payment of the employees and employee manage self services like leave and attendance detail. Helps of this software you can add new employees, check their records, personal details of the employee and company details. Payroll management is involves performing many tasks to ensure accurate and timely paychecks and payroll tax and record-keeping compliance. Payroll functions are covered by either the finance department or HR department in most organizations and company. This is a number-driven and calls for knowledge of tax laws and accounting. All payroll software will tell you the amounts that you need to pay to employees but check that you can use this information in a way that meets your requirements. For example, you may want the software to create and print payslips for you, or automatically email payslips to employees on a specific date. Payroll software is time-saving for company point of view.

In other words this is a ‘Employee Management software’. The employee Management System allows you to take your human resources management to a higher level. In a ideal employee management software may also include functionality to help you calculate and record holiday entitlements, track sick leave or provide self-service to allow employees to request or book annual leave online. Most employee management software can integrate with another accounting or HR system, which can be highly useful and desirable. Employee management System has focused on enabling employees to collaborate on typical managerial tasks with their employers.This is fully customizable to suit the needs of your business. Most important features is Employee Management Software are:

  • Attendance Management
  • Leave Management
  • Payroll/Payslip Management

Payroll management enables you to manage employees, departments, leave applications and more through an online system. Also, it generates attendance & monthly office expense reports. Here, you can easily update the holiday calendar. So, your employees can learn about the public holiday, or any types of holiday throughout the year. You can easily create a holiday lists of your company. Payroll management is the effort to help employees do their best work each day in order to achieve the larger goals of the organization. Payroll management is a method of administrating employees’ salaries in the organizations. The process of payroll software is consists of calculation of salaries and tax deductions of the employees, administrating the retirement benefits and disbursements of salaries to employees. Payroll management system must be processed on a recurring basis and must be accurate each and every time. Since payroll management is the single largest expense for most companies, it is very important that payroll be processed in a way that is efficient and reliable. An effective payroll management software will ensure that employees are paid accurately and consistently, keeping them satisfied with this aspect of employment and allowing HR to focus on other areas.

The HR department is also responsible for motivating employees, and to this end, they reward employees by developing compensation packages that may include holiday or midyear bonus awards and salary increments. HR also develops training programs and ensures that employees follow a general direction by reminding them of the organization’s goals. Human Resource Management is the most fundamental resource for any organization. It is responsible for each and every decision taken, each and every work done and each and every result.. The primary responsibility of the human resources department is to hire new employees, and this involves attracting the right candidates for available positions.

PHP Payroll Software – A Good Quality PHP Payroll Script

There are many buggy payroll scripts available in net these day but all have some issue so here is some point to note php writing script:

  • Consistent Indentation
  • Commenting & Documentation
  • Avoid Obvious Comments
  • Code Grouping
  • Consistent Naming Scheme
  • Avoid Deep Nesting
  • File and Folder Organization
  • Consistent Temporary Names
  • Separation of Code and Data

Every php developer must follow standard of code. if they can use some open source framework. “PHP Payroll” script is created by experience developers in  top open source MVC  framework Codeigniter.