- Payroll Frequency
- Better Activity Logs in Process Payroll
- Enhancements to Attendance Module "On Leave" status and Leave Type is added to the Attendance. Monthly Attendance Sheet also modified accordingly to reflect L (leave) status and also shows Total Leaves taken in a month.
- Employee Loan Management This module enables companies which provides employee loans to define and manage employee loans. Employees can request loans, which are then reviewed and approved. For the approved loans, repayment schedule for the entire loan cycle can be generated and automatic deduction from salary can also be set up.
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Employee Loan Application
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Employee Loan
Once the Loan is approved, Manager can create Employee Loan record for the Employee. The repayment schedule is auto-generated once you submit the Employee Loan.
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Loan repayment deduction from Salary
Loan repayment can be auto deducted from Salary, check "Include in Salary Slip" in Employee Loan to do so. It will appear as Loan Repayment in Salary Slip.
Last month we added Payroll Frequency to our Payroll System which can be configured in Salary Structure and is available as a filter in Salary Slip and Process Payroll. Based on the selected Payroll Frequency and start date, end date is set automatically.
In Process Payroll, after creating or submitting Salary Slips, Activity log will be shown in table with Employee Name and Total Pay as columns.
