Prime Payroll: Accurate and Timely
Payroll is the ultimate interest of every employee in the organization. In fact, after working sometime, they know already how its supposed to be computed even with just the use of a calculator. So every centavo or peso that is missing in their expected payroll could become a bone of contention. In addition to these potential issues, there’s also a wide array of government contributions and reportorial compliance that can lead to inaccurate reporting or inconsistent data records.
- October 07, 2021
- 5 minutes
The Payroll Module, though it may look like a high-tech calculator, is equally important to Payroll Masters and Accounting Officers. The cutoff between payrolls is not sometimes enough to do all necessary paper works, payments, and submission of certified correct reports and government forms.
The Payroll Module addresses all these troublesome paper works and repetitive copying and transfer of data from one file to another. It ensures accuracy and consistency of information from raw sources to listings,and filled up government forms. It also automatically complies with good accounting practice of keeping summary totals, year-to-date totals, and historical data for audit, review, reconciliation, and for other future purposes.
Features and Benefits
- Up loadable Excel Templates for any type of Transaction
- Support for Business Units and Cost Centers
- Dynamic Register with Configurable Columns
- Powerful Bonus Configuration
- Final Pay Processing Capability
- All Reports and Listings are Exportable to Excel Files
- Compliance to All Government Mandatory Contribution Requirements (BIR, SSS, HDMF, PHIC, PEZA)
- Ready to Print Government Forms for Monthly, Quarterly and Annual Government Reporting
- Configurable Interface to Banks and
- Configurable Interface with 3rd Party Financial Systems