ISOCKET Payroll Management System
ISOCKET Payroll Management System (IPMS) is a software solution that is targeted to small, medium and large business enterprises. The software streamlines organizations payday functions and improves accuracy by eliminating time-consuming and error-prone manual processes.
File your taxes electronically in all jurisdictions and have the system create and send electronic forms automatically, eliminating the administrative burden and clerical errors resulting from the manual preparation. ISOCKET Payroll Management System can either be implemented as web enabled or as stand-alone.
Major Modules of ISOCKET Payroll Management System:
- Employee profile
- Leave Management System
- Time Management System
- Payroll Management System
- Employee Transfer, Promotions and Increments
- HRD Procedures
- Income tax Management
- Reports
FEATURES OF ISOCKET Payroll Management System
* User Defined Incomes and Deductions
Automate the payroll processing for unlimited income types, using any denomination, and calculate however you want. Standard types include hourly, salary, bonus, commissions, overtime, double-time, etc. Set up unlimited deduction types on gross or net, with flexibility on taxes, limits, flat amounts, hours worked or percentages.
* Mass Entry
Complete mass entry of pay information at once. The system automatically identifies employees that are eligible to be paid, based on rules you define.
* Job Tracking
Post hours by multiple job levels including job type, job class, department and group.
* Electronic Tax and Form Filing
Satisfy all federal, state and local government payroll tax mandates for deposits, quarterly and annual returns, wage listings, and e-filing/reporting requirements and fully automate tax processes.
* Direct Deposit
Define an unlimited number of checking, savings, money market accounts for each employee and banking institutions for each company. Set up partial percentage amounts with the remainder going to a check.
* Reporting
Utilize over 50 standard reports in the system, viewed or saved as PDF or MS Word documents. Customize reports easily with Crystal Decisions or export to MS Excel.
* Interface to General Ledger
Quickly and easily define debits and credits, map to your chart of accounts and export GL data.
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