Taxation & Financial Reporting
Comprehensive tax management with automated calculations, detailed reporting, and regulatory compliance features designed for modern businesses.
Set up tax bracket configurations
Software enables you to establish various income tax brackets with corresponding rates and qualifying criteria. Connect the staff member's chosen tax framework within their compensation structure assignment.
Flexible configuration of corresponding rates and qualifying criteria
Process tax statements & exemption documentation
Assist your workforce in comprehending available benefits by cataloging tax relief categories. At the beginning of the payroll period, staff members can complete their tax exemption statements, which are automatically integrated into payroll computations for precise deductions.
Automated integration of exemption statements into payroll computations
Employee submission of documentation to validate exemption statements
Tax application for unsubmitted documentation ensuring full regulatory compliance
Display tax breakdown details in pay statements
Have you ever found difficulty comprehending how the tax figure was calculated on your Pay Statement? A payment slip produced in software provides you with a comprehensive breakdown of your tax computations.
Total compensation package and exemptions breakdown
Non-taxable income and annual taxable sum details
Income tax withheld to date and upcoming deductions
Tax calculation analysis report
Examine how your tax computation is being implemented with exemptions, yearly taxable earnings, relevant taxation, tax withheld to date, and projected deductions.
Detailed analysis of exemptions and yearly taxable earnings
Real-time tracking of tax withheld to date
Projected deductions and relevant taxation calculations
Analyze payroll operations through compensation register
Prior to completing your payroll, verify accuracy using software's compensation register report. This analysis delivers a detailed examination of all payment statements with essential information for every employee payment slip.
Working days, income, deductions, and regulatory component values
Loan payments and total compensation breakdown
Error detection before finalization ensuring precise procedure
Regulatory & financial reporting suite
Maintain your compliance standards with payroll documentation for statutory elements like retirement fund, professional levy, and income tax withholdings. Monitor employee financial activities with comprehensive reporting capabilities.
Statutory compliance for retirement fund and professional levy reporting
General ledger, accounts payable, and receivables monitoring
Bank transfer reporting for payroll-related transactions
