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Payroll management is a mundane and cumbersome task for the administrative staff of every organization. Payroll has never been easy before the advent of technology solutions in education sector. Fortunately, schools today are blessed with innovative school automation system at affordable rates to manage the hectic school administration procedures with a few mouse clicks. A lot of school management systems are available in education industry to make the administrative tasks in flawless and trouble-free manner. But, while choosing one for your institution you should consider a few points to make right selection.
Payroll Wizard is a specifically designed module of Schooberry School automation software for the payroll administration of your campus integrating entire data related to the employees. Since, the primary objective of the payroll management department is to ensure that all employees are paid accurately and timely with the correct bonuses and deductions. The system should also ensure that the bonuses and deductions are remitted in a timely manner without bothering the employees. An efficient payroll software should calculate the employee salary incorporating basic salary, bonuses and leaves, advances and loans taken. It also takes into account government defined PF/Gratuity/HRA/ESI rules.
Schooberry Payroll Wizard is a multifaceted yet versatile payroll management module tailor-made to meet the specifics of each institution considering its own preferences, settings and modifications. Apart from mere employee payment calculation SPW processes overtime pay, deductions, allowances, and tax computing. The software is highly refined to process leaves, determine eligibility for increments, generate salary statements and pay slips as well as options to link with loans/advances.
By using Payroll Wizard, the staff members of accounts and administrative department can save a lot of time and money ensuring undisputable accuracy in payroll management in tandem with the managerial portal of the school or college. In addition to the automated year-end reporting, annual reports can be archived for future reference.
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