Salary Information Management |
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Able to handle P&C information such as basic salary or wages and increment for more secure data confidentiality |
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Fixed allowances and deductions can be added from time to time via user-defined database formatting tools |
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Security access control for different users to view employees' information within their authorised levels
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Enable global increment processing according to user-defined formulae |
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Able to handle multiple bonus/profit sharing payments within a year; payment can be made by itself or together with Monthly Payroll |
Mid-month Payroll |
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Able to compute half month advance salary based on percentage or pre-defined amount |
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The percentage of advance salary can be defined by authorised user based on employee request |
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Integration of attendance using KarenSoft TMS into KarenSoft PMS for mid-month payroll processing |
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Can also incorporate statutory calculation into mid-month payroll |
Bonus Computation |
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Can process multiple bonus/profit sharing payments within a year; payment can be made by itself or together with Monthly Payroll |
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Able to calculate bonus points and bonus amount according to company policies |
Ad hoc/Resignation Payroll |
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Perform full function of monthly payroll processing for terminated or resigned employee |
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Able to handle advance payment processing |
Loan Repayment |
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Unlimited loan types can be created for each employee |
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Both Straight Line and Reducing Balance calculation available for calculating repayment amount |
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Partial or full repayment methods are allowed for more flexible repayment |
Monthly Payroll |
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Equipped with Quick Entry settings to speed up data maintenance |
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Equipped with Formulae settings to handle unlimited and complicated formulae |
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Able to post attendance from KarenSoft TMS eliminating tedious data input by user |
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Able to output Monthly Payroll to bank diskettes |
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Able to perform back-posting of information to Employee Master File, Loan and Salary Information |
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Comes with statutory reports such as EPF A Form, BBCD Form, Socso 8A Form and etc. |
Payroll History |
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Store both detailed (month by month) and summarised (year to date) payroll history (also include previous years payroll history in detail) |
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Able to print cumulative statutory reports: EA Form, CP22A Form, CP159 Form, E Form and Individual PCB Statement |
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Able to print previous month/year reports: pay slips, statutory reports and payroll transaction reports |