eRKTM-PR meets an enterprise's need to manage and produce monthly payroll for its staff. The functions covered are Payroll Generation, Payment, Statutory and Non-Statutory Reporting and Statistical Analysis.
Features
Controls earnings and deduction eligibility for different employee groups, e.g. contract, temporary, permanent and daily paid employees.
Timesheets work on the basis that if employees worked overtime above their normal working hours they will be paid according to timesheets submitted together with their standard allowances, deductions and this will be recorded in the salary slip .
Maintenance of employees' confirmation dates, employees' adjusted data and amount and employees' increment dates and amount.
Tracks and validates employees' salary against salary range of employees job level.
Automatically updates payroll based on effective date when changes are made to employees' salary.
Calculates contributions according to Employee Provident Fund (EPF) and Social Security Organization (SOCSO).
Able to download data onto diskettes for submission to regulatory bodies (e.g. EPF, SOCSO).
Full compliance with Statutory Requirements of EPF, SOCSO following the latest deduction rates for employees.
Full fringe benefits processing is available, including on-cost calculation reporting for taxation purposes.
Able to handle simulation runs of increment and bonus for Management's approval prior to actual pay out.
Able to integrate with external Accounting System.
Accounting processes - bonus provision, basic increment, leave pay, vacation accruals.
Handles different overtime rates for different employee groups.
Notify banks to credit each employee's bank-in account online and via downloaded data onto e-media.
Allows OPEN Payroll periods where entries can be done for subsequent months without closing the current period.
Able to print salary slips and special scheme like Pension Scheme.
Supports auto bank credit exporting. Other external exporting includes Shareholder Trust Fund, Hajj Fund (Tabung Haji), Pension Fund, ASN/ASB/ASW deductions.
Provides a wealth of more than 100 comprehensive reports to choose from with the feature to display the report on preview.
Able to process payroll for employment that occurs outside regular payroll cycles.
Able to backdate salary adjustment.
Able to withhold salary for employee under suspension.
Able to do pre-payroll - to process employee confirmation, annual increment, salary adjustment, promotion, demotion, transfer, employees advance salary tracking.
Able to do separation - to process the payment of salary and other allowances given based on separation date.
Provides Management / Finance Department with a monthly salary and wages reconciliation with summary and/or detail transaction listing.
Tracks and maintains past benefits / claims / allowances / deductions / overtime rates and to compare with current rate to determine the changes in policies through the years.
Able to link to employee unpaid leave and execute salary deduction.
Able to pro-rate salary and allowance payment based on date joined or separation date.
Captures loan information, monitors loan balances and can be enquired online.
Optional Features
Electronic Funds Transfer (EFT) allows transmission of employee wages directly into nominated bank accounts. Each bank code has an EFT type attached and this allows multitude of transfer types.
Calculates contributions according to Inland Revenue Dept (IRD).
Full compliance with Statutory Requirements of IRD following the latest deduction rates for employees.
Audit trails are maintained throughout the system with secured user / password. Multiple levels of access are available.
Reports
Overtime trend analysis.
Overtime exceeding x%.
Salary slips.
Payroll summary.
Tax 8A / 8C / 22 / letter.
CP 39 tax submission.
Agencies: EPF, Income Tax, SOCSO.
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.: eRKTM-HRM
eRKTM-HR consists of the following modules, please click on the product code for more information.
