Payroll
Simplify even the most intricate payroll processes with the HCMBYTE Payroll Module. Designed to align with local tax regulations, company policies, and statutory requirements, it enables seamless payroll preparation with just one click. Integrated with the Attendance and Leave Management modules, it ensures precise and timely salary disbursement, streamlining payroll operations for your organization.
Features
Multi-Salary Structures
Define multiple salary structures based on roles, departments, and regions.
Tax Management
Automate tax slab application and generate tax reports aligned with government formats.
Loan and Advance Management
Manage employee loans, calculate EMIs, and track repayments within the payroll system.
Salary Disbursement Automation
Disburse salaries via bank integrations for monthly, bi-weekly, or weekly payments.
Adjustments and Arrears
Handle bonuses, arrears, gratuity, and provident fund adjustments in payroll processing.
Full and Final Settlement
Automate final settlements for resigned employees, including bonuses, deductions, and tax adjustments.
Effortless Payroll Management with Accuracy and Compliance
The HCMBYTE Payroll Module streamlines payroll with one-click processing, ensuring compliance and timely, accurate salary disbursement through seamless integration.
One-Click Payroll Processing
Effortlessly prepare payroll while aligning with local tax and company policies.
Seamless Integration
Connects with attendance and leave modules for precise and timely salary management.
