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The Payroll Package (P/R) is designed to give small to medium sized businesses the power to handle their own payroll. This is one of the most complex tasks associated with running any business. It is designed with flexibility so that a variety of earnings codes, taxable benefits code, and deductions may be accommodated.
The operator responds to screen prompts to enter employee information, such as earnings rate, type and amounts of deductions, and other personnel data. Editing and built-in error checking allow for efficient and accurate payroll calculations. This software package allows variable pay frequency periods, calculation of federal and provincial taxes, and includes the mid-month advance pay.
Plus you get the added control of in-house payroll processing. You can issue cheque on demand, respond immediately to any payroll needs and keep your data in your hands.
Summary of Features and Benefits:
- Password security to access the payroll data.
- Automatic and manual Time Card Entry
- Calculation and printing of payroll cheque
- Payroll register is assigned with a sequence number for audit purpose.
- 15 earnings codes, 15 deduction codes, and 15 taxable benefits. Each code can be defined to pay tax, EI, CPP, Vacation pay etc or not.
- Deductions computed by percent or fixed dollar amounts
- Vacation pay can be accrued or paid out with each pay period.
- Ability to generate and print advance pay cheque and automatically recover advance paid at the next pay period.
- Process payroll quickly with default settings for employees whose earnings, benefits and deductions are standardized.
- Handle different Employer’s portion rate and report separately by department code.
- Entry of manually written check data into the payroll history files
- Separate G/L distributions for each earnings, taxable benefits or deductions code
- Interface to General Ledger and Bank Reconciliation is optional
- Cheque, T4, and ROE (Record of Employment) forms may be printed from the Package
- Inquiry on each employee’s profile, YTD data and pay history down to each pay cheque stub, G/L distributions for every cheque ever issued via the system. Included manual cheque. This provides for exceptional audit and report capability.
- Option to create a direct deposit data file and export to a special folder so the user can transfer the fund directly into an employee’s bank account
- Also included are some powerful tools for personnel management: employee start dates, termination, vacation time, sick dates, reviews, and other historical data can be tracked accurately and easily
- Ability to add free formatted notes to maintain more information about each employee
- The Electronic Fund Transfer - Stand alone, it will blend all Bank information into CPA format.
- Optional: Payroll Time Card Entry and editing and updating capabilities for salaried and hourly personnel to different G/L.
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