The HRplus Payroll Module is an advanced and comprehensive payroll management system designed to handle all aspects of employee compensation and statutory deductions efficiently. It offers flexible scheduling options, supporting payroll runs on weekly, bi-weekly, monthly, or custom cycles. The system accommodates unlimited earnings, deductions, and allowances while providing secure payroll handling with support for multiple currencies and pay groups. Business-based rules can be applied to timesheets, allowances, deductions, and employee data, making it adaptable to complex payroll needs and allowing efficient management of large-volume payrolls, minimizing manual intervention and processing time.

The module offers a structured approach to payroll processing by enabling users to create an organizational structure that mirrors the company hierarchy. This structure forms the basis for setting up pay groups that categorize employees based on payroll characteristics like pay frequency, currency, and tax methods. Users can define salary grades, link allowances to job roles, and manage out-of-cycle payrolls, mid-month advances, and supplemental payrolls, such as bonuses or commissions. It also supports productivity-based incentive plans, calculation of statutory deductions, and classification of payroll activities like sick leave and overtime.

The Payroll integrates seamlessly with HR modules, automatically updating payroll data based on transactions such as leave, benefits, and acting positions. It offers robust reporting capabilities, including payroll cycle changes, bank transfer summaries, and deduction summaries. The system supports multiple cost centres, with the ability to post payroll data directly to the General Ledger (GL) for financial reconciliation. With tools to manage salary advances, handle out-of-cycle payments, import fixed payroll data, adjust archived payrolls, and perform year-end closing procedures, HRplus Payroll provides a flexible, accurate, and efficient payroll solution for organizations of all sizes. Additionally, it facilitates electronic submission of payroll data to third parties, such as banks, and ensures secure, real-time access to payroll archives for point-in-time reporting.