Features/Payroll

Coming in an updateIn testing now, and arriving in a software update.

Paying people, and what follows.

The salary structure, attendance and leave, the month's run and its register, PF, ESI and professional tax worked out on the run, and the income tax on salary with the year's Form 16.

Not sold on any plan while it is in testing.

Payslip an example month Menu 4 J
HeadEarnedDeductedworked out
Basic15,000.00
House rent allowance3,000.00
Provident fund1,800.0012% of basic
ESI135.000.75% of gross
Gross 18,000.001,935.00Net 16,065.00
An example, at the statutory rates. The rates themselves are held by date.
On menu 4

The month's salary.

From the register of who came in, to payslips you can look at before anything is posted, to the wage bill in the ledger.

  • Salary structureThe heads a business pays under, and what each person earns from which date.
  • Attendance and leaveThe daily register, the kinds of leave, and what is left of each entitlement.
  • The salary runDraw a month's payslips, look at them, and post the wage bill to the ledger.
  • Advances and loansWhat people owe the business, what comes off each salary, and one-off bonuses.
Statutory

Deducted on the run, not typed afterwards.

PF, ESI and professional tax are held with the date each rate took effect, so a month is always worked out at the rates that applied to it.

  1. The salary registerOne month, everybody, every head: the sheet the accountant files.
  2. TDS on salaryThe income tax slabs for a year, and what each person declared.
  3. Form 16An employee's certificate for the year, Part A by quarter and Part B the computation.
Every screen

All of payroll.

Each one opens from its menu number and its letter.

PayrollGeneral menu 4

  • 4GSalary StructureThe heads a business pays under, and what each person earns from when
  • 4HAttendanceThe daily register, and the days-paid summary a salary run reads
  • 4ILeaveKinds of leave, who took what, and what is left of an entitlement
  • 4JSalary RunDraw a month’s payslips, look at them, and post the wage bill to the ledger
  • 4KSalary RegisterOne month, everybody, every head — the sheet the accountant files
  • 4LAdvance / Loan / BonusWhat people owe the business, what comes off each salary, and one-offs
  • 4MPF / ESI / Professional TaxThe statutory rates, effective-dated, and where the net pay is credited
  • 4VForm 16An employee's certificate for the year — Part A by quarter, Part B the year
  • 4NTDS on SalaryThe income tax slabs for a year, and what each person declared
  • 4OEmployee MasterThe people on the payroll, their pay basis and their bank details
Free for 30 days

Run next month's salary on your own PC.

The complete software, every module. On day thirty-one it asks for a licence key, and everything you entered stays exactly where it is.

Vertex ERP for Windows and MacFrom vertexerp.co.in
Windows
1.1.12 · 183 MB
Mac
Apple silicon
Trial
30 days, every module
Card
Not needed
Download