Payroll

Payroll performs processing for salaried and hourly employees. Employee information includes deductions, leaves, benefits, taxes, and direct deposit bank accounts. Payroll handles all federal, state, county, and local tax rules.

Feature Benefit
Efficient Payroll Process The entire payroll process can be completed in minutes, just a fraction of the time required by other payroll systems. Generate checks using standard calculations for groups of employees based on selection criteria such as department, processing group, salary/hourly, etc. Edit unposted checks to handle any changes specific to current payroll cycle. Post the batch of checks to complete the process. Print the checks.
Employee The employee record tracks extensive information about an employee including address information, payment information, tax withholding, G/L accounts for posting and many other attributes. Employees can be assigned to different payment cycles including weekly, bi-weekly, semi-monthly, and monthly. Employee pay can be based on salary, hourly or a combination of both
Sales Commissions  Sales commissions earned by employees can be automatically added to the paycheck based on a time period in which commission was earned or based on payments received from customer. Complete audit trail shows how each commission earned is transferred to a specific payroll check.
Flexible Expense Distribution Employee expenses can be distributed to an unlimited number of cost centers based on percentages. These default distributions can be overridden at the transaction level.
Graphs of Employee Payroll Real-time graphs makes it easy to see trends in your employee expenses.
Comprehensive Reporting A collection of 50+ reports can be used to extract information quickly. Modify existing reports or create new reports quickly.
Flexible Deductions An unlimited number of miscellaneous deductions can be specified per employee. Default deductions can be overridden at the transaction level. Various options control how deductions are calculated and when they should be taken.
Benefit Expense Accrual Benefits can be assigned to employees to allow the G/L distribution and tracking of benefit related expenses by employee.
Leave Tracking & Accrual An employee can belong to any number of leave plans under which leave can be accrued. Leave plans can have multiple rates of accrual based on months of employment. Leave can be accrued based on hours worked or payroll cycles. Leave transactions are used to record a variety of leave related adjustments. Employee leave taken can be recorded to reduce the amount of leave available. Non-standard leave accrual can be performed to increase the amount of leave available. Transfer of leave between leave plans can be performed. For example, to transfer hours between sick leave and vacation leave.
Shift Entry The Shift Entry transaction can be used for employees which work a variety of shifts with varying levels of compensation. Shift rates can be based on a percentage of an employee’s regular hourly rate or on a specific fixed rate. Shift entries can be converted into payroll checks.
Electronic W-2 Generate an electronic W-2 reporting file for submission to the IRS. Required for companies with more than 250 employees.
Direct Deposit Multiple bank accounts can be specified for direct deposit of employee earnings.
Unlimited Transaction History All transactions entered in the system are available for review at any time, performance of the system is not effected by number of transactions.
No Month End or Year End Closing Process Transactions can be entered for any period in any year which has not been locked. Periods can be locked or unlocked at any time.
Cash Manager Reconciliation All bank related transactions automatically appear in Cash Manager module for account reconciliation purposes.
External Integration An open architecture allows payroll transactions to be generated from a variety of sources including time-clocks, and other applications.