Payroll And HR Now Reside In The Cloud
PAYROLL and HR software specialist Softline Pastel Payroll, has launched an online payroll solution offering businesses even more efficient, simple and cost-effective payroll administration. The solution also offers leave application and tracking functionality.
"Simplicity and ease of use were key objectives in the software design. There is no jargon and all that is needed to be able to make use of the software is an internet connection," says Pastel My Payroll Online business manager Karen Schmikl.
Being a cloud-based application, there is no installation of software and implementation of the software is simple and hassle-free as all fields and parameters are pre-defined for loading and immediate use. Lists of earnings, deductions and fringe benefits are linked to the correct tax rules and payslip template selections enable unnecessary definitions to be excluded. "One of the benefits of Software-as-a-Service (SaaS) applications are that customers no longer need to visit a website to download and install software updates manually or install CD versions. Customers can rest assured that that they will always process their payroll on the latest software and legislative version."
Companies' payroll data is backed up daily and with the roll-over to each new payroll period. Back-ups are stored at alternative locations, ensuring that data can be restored at any given time. Employee history information is available for the current year and the previous five years and all payslips issued during that period are retained.
Leave types are pre-defined, covering annual, sick, family responsibility and maternity leave. Companies can simply capture start and end dates of leave taken. Documentation such as leave application forms and sick notes can be uploaded as part of all transactions. Leave reports enable management to analyse leave patterns such as sick leave abuse and leave allocations for traditional holiday periods and annual shut-down periods.
The online payroll solution enables uploading of employee personal details, photographs, contact numbers and addresses and manages pension or provident fund and medical aid contributions. Tax relief for private medical aid and retirement annuity contributions are also catered for.
The Basic Conditions of Employment Act (BCEA) requires that all companies, no matter how small, must provide all employees with a formal payslip. Users can either print employees' or payslips export them to Microsoft products. The payslip screen provides an on-screen summary of every employee's financials (month-by-month and year-to-date), making input and reconciliations.
Pre-defined reports include company, employee and financial reports. including the EMP201 monthly SARS declaration. UIF contributions are recorded and retained within the software, eliminating the need for manual completion and submission of the UI 19 form, which can be transmitted electronically from the system.
Sars requires all companies to issue tax certificates to all employees who worked for the company during... continue reading... Payroll And HR Now Reside In The Cloud
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