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Sophisticated and comprehensive, paymaster software is designed to suit the needs of HR and Finance professionals across small, medium and large size organizations. Developed with the latest technology, Paymaster is powerful and yet so easy to use that it makes payroll processing a simple job that can be performed in-house. Paymaster is capable of processing payroll for both regular and casual employees. With paymaster one can do selective payroll processing per employee. All the taxations, benefits and contribution gets calculated and comes into effect immediately.
Paymaster is approved by relevant tax authorities of Ghana, Liberia, Nigeria, Uganda, Zambia and other 6 African countries.
All the Reports are Compatible to Latest Changes in Formats. System generates all the Statutory Reports on a Click of a Button. All the Statutory Reports are Online Tax Payer Software Compliant for online Submission.
Following are some of the Statutory Reports generated from Pay Master:
An in-built comprehensive leave management tool best suited for leave recording.
User can create virtually unlimited leaves e.g. Annual leave, sick leave, maternity leave, paternity leave, etc.
Payroll Processing for Regular & Casual Employees
- Payroll processing can be set on processing periods for permanent (monthly), for casuals at any predefined period (e.g. Daily, weekly, fortnightly, custom defined).
- Pay slip auto calculation for both regular employees & casual employees.
- Advance payment/ deduction schedule and reporting.
- Automatic salary prorate based on date of joining/ date of leaving.
- Casuals are Treated Separate from Permanent Employees.
- Salaries can be processed at user defined processing periods.
- Wages can be defined as daily or hourly working.
The loan management module is a tool used in creation and modification of leaves.
It facilitates setting up of loans through defining their interest rates and describing whether to be compounded or simple and whether to use fringe benefits.
Payment & Deductions
As Part of Importing Payment/Deduction from Excel, users can create Virtually Unlimited Payment/Deductions as per the needs. Below are the ways how it can be calculated:
Can create virtually unlimited savings schemes
Remains Constant until changed e.g. COTU, Union, Medical, etc.
Formula based e.g. 5% Of Basic + Housing + OT.
e.g. Sales Commission.
Report management in payroll
In Addition to Custom Generated Report Writer, Paymaster comes with multiple pre-defined reports keeping in mind the needs of company/Management.
Here are a list of a few In-Built Reports in our PayMaster:
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