EasyPay

EasyPAY is very easy, flexible and user-friendly Payroll Management software that takes care of all your requirements relating to accounting and management of employee Payroll. This versatile, user friendly, package, offers user defined Earning / Deduction / Loan Heads & Calculation Formulae / Tables. The package generates all the outputs & statutory reports required by a Payroll application.

Highlights:

Sensys Technologies    User Defined Earnings & Deductions
Sensys Technologies     Leave & Attendance Management
Sensys Technologies     Loan & Advance Management
Sensys Technologies     Payroll Processing
Sensys Technologies     Salary Reports (Payslip & Salary Sheet)
Sensys Technologies     Bank Transfer
Sensys Technologies     Reimbursement Management
Sensys Technologies     Arrears Calculation
Sensys Technologies     Other Payments
Sensys Technologies     PF Calculation & Reports
Sensys Technologies     ESIS Calculation & Reports
Sensys Technologies     Professional Tax
Sensys Technologies     Income Tax Management
Sensys Technologies     Full & Final Settlement
Sensys Technologies     User Defined Reports
Sensys Technologies     Reporting
Sensys Technologies     Data Import (Masters, Salary & Leave Record)
Sensys Technologies     HR Functions
Sensys Technologies     Other Add on Modules
Sensys Technologies     User Rights

Key Feature Details:

Sensys Technologies      Flexible Structure building capability of Earnings & Deductions

  1. Flexibility to add or modify any number of Salary Components - Earnings & Deductions
  2. User Defined Entry Field with unmatched flexibility for Formula, percentage or Customized Calculation
  3. Taxable & Non Taxable Earnings for Income Tax Calculations
  4. Payslip / Non Payslip Component
  5. Calculation based on Attendance
  6. Monthly or Yearly Payments
  7. Also compute various other components that do not appear in Payslip
Sensys Technologies      Leave & Attendance Management
  1. Leave Rules can be defined
  2. Increment of Leave on Pro-rata basis
  3. Carry forward facility for balance leave
  4. Encashment of Leave
  5. Leave Utilizes & Balances can be checked
  6. CL, PL, SL, Compensatory & Customizable Leaves
  7. Automatic Leave payout on termination of Employees (in Full & Final Settlement)
  8. Swipe card / Attendance machine if any can be linked to our software
  9. Attendance Arrears
  10. Monthly Attendance Register & Yearly Attendance Summary
Sensys Technologies      Loan & Advance Management
  1. User Definable Loans/Advances (Multiple)
  2. Loan Disbursement option with EMI option
  3. Automatic recovery of EMI & stops automatically once the Loan amount is totally recovered
  4. Auto calculation of Interest on Loans based on Flat Interest, Reducing Balance
  5. Lumsum recovery of Loan
  6. Interest free Loan Perquisites as per Income Tax
  7. Loan Recovered, Loan Balances & Loans History Employee wise
Sensys Technologies      Payroll Processing
  1. Input information for all newly joined employees and resign left employees
  2. Create a new payroll month & Process Salary
  3. Over-ride facility for any Salary components
  4. Salary on Hold & Freezing of Salary in case of Termination of Employees
  5. Process by Exception - you only need to enter Pay and/or deduction information when there are changes
  6. Pro-rata calculations for employees based on Absenteeism
  7. Process & Print Payslips for groups or for selected employees
  8. Lock month facility to avoid changes in Processed Data
Sensys Technologies      Salary Reports (Payslip & Salary Sheet)
  1. Automatically calculates all the income, deductions & Company Contributions as per the requirement
  2. Regular Payslips (with Logo) can be viewed or Emailed
  3. Reimbursement Payslips can be viewed or Emailed
  4. User defined Salary Sheets can be viewed
  5. Generates Cash / Cheque / Bank Transfer List
  6. Generate Bank Statement, Direct Electronic Bank transfer files & Covering Letter for Banks
  7. YTD salary Sheet & Summary of each employee
  8. Separate Payslips can be generated for Arrears, Medical, Reimbursement & LT
Sensys Technologies      Bank Transfer
  1. Bank Transfer Statement facility available for all the banks
  2. Soft copy format also available in Excel or any format specified by different banks
  3. Bank Transfer Statements can be generated for both Regular, Reimbursement Payments & Supplementary Payments
  4. Covering Letters
  5. Cheque / Bank Transfer / Cash List
Sensys Technologies      Reimbursement Management
  1. Multiple Reimbursement Components like Medical , LTA & Customizable Reimbursement Components
  2. Upper limits can be specified Employee wise or Grade wise
  3. Annual Limits or Monthly Accruals
  4. Opening Balance, Entitlement, Amount Reimbursed and Balance amount can be checked
  5. Reimbursement Payslips, Bank transfer statement for Reimbursement Component
Sensys Technologies      Arrears Calculation
  1. Arrears calculation for any previous period / Retrospective effect
  2. Separate Payslips can be generated for the Arrears Components
  3. Bank transfer statement for Arrears Component
Sensys Technologies      Other Payments
  1. Arrears Calculations
  2. Gratuity, Bonus & Exgratia Calculation
  3. Reimbursement - Medical, LTA or any other user definable reimbursement
  4. Supplementary Payments
  5. Monthly Reconciliation - allow us to compare the changes in the pay components from last month to this month or for any number of months
Sensys Technologies      PF Calculation & Reports
  1. User defined PF Rate of Deduction for Employer & Employee
  2. Employee & Employer Contribution
  3. Automatic Bifurcation of EPF & EPS
  4. PF applicability check at Employee Level
  5. Options to Limit Maximum Salary for PF Deduction
  6. Form 5, 10, 12A, 3A, 6A, Challan & Reconciliation Statement
Sensys Technologies      ESIS Calculation & Reports
  1. User defined ESIC Rate of Deduction for Employer & Employee
  2. ESIC applicability check at Employee Level
  3. ESIC Register, Form 5, 6 & Challan
Sensys Technologies      Professional Tax
  1. User definable State wise Slab
  2. PT applicability check at Employee Level
  3. Form III & Challan
Sensys Technologies      Income Tax Management
  1. Auto calculations of Exemptions & Deductions and compute income tax payable for the entire year & the tax to be paid this month
  2. Auto calculation of TDS based on Projections
  3. Income Tax Projections with the options to deduct projected tds from Monthly Salary
  4. Prints Form 16, 16AA, 12BA & Challan 281
  5. Quarterly e-TDS Return as per the NSDL format
  6. Income Tax Projections can be emailed in PDF format
Sensys Technologies      Full & Final Settlement
  1. Employees Full & Final settlement can be prepared based on resignation of employees either in the current month or in the previous month
  2. Automatically calculates outstanding Loan balances, Notice pay and Leave Encashment , Gratuity and recovers all Loan balances and Income Tax.
  3. Generates Full & Final Settlement Calculation sheet for all the calculations done
Sensys Technologies      User Defined Reports
  1. User Defined Reports with the option to choose from the available field, user can define his own customized columnar reports
  2. Sorting, Grouping, Sub-total, Grand-total & Conditions can be defined
Sensys Technologies      Reporting
  1. Output reports to screen, printer, MS Word & Excel
  2. Option to preview Payslips / Salary Sheets or any other reports on screen before final printing
  3. Print Transaction & Master History for any period
  4. Generating report is made easy with an advanced filter function to select the relevant employees or groups for the report
  5. Prints any of our report for the previous periods.
Sensys Technologies      Data Import (Masters, Salary & Leave Record)
  1. Employee & Payroll Data if available in Excel can Imported to our software
Sensys Technologies      HR Functions
  1. Personal Details Qualification , Work Experience, Earning Members, Dependent, Hobbies, Achievements, Checklist & Attachments Trainings, Commitment & Targets, Discipline & Appraisal
  2. Various Reminders
Sensys Technologies      User Rights
  1. Users can be created
  2. User Level Rights can be created and managed
Sensys Technologies      Other Add on Modules
  1. Integration of Payroll Software with Tally
  2. Cheque Printing Module