TimeWatch's Payroll Management Software is a very simple, flexible and user-friendly Payroll Management software specially for INDIA, that takes care of all your requirements relating to accounting and management of employees' Payroll. Time Watch stores complete records of the employees, generated Pay-slips and Salary Register, Computer all allowances and deductions and generates all Statutory and MIS reports. It offers very high flexibility in defining various allowances, deductions, leave rules etc. for the employees and all formulae for P.F., PF TRUST, F.P.F., E.S.I.C., Professional Tax, Income Tax etc., are definable and changeable at User's end.
Key Features : Designed for Windows 95/98/ME/XP/Win NT-2000/2003 v Powered with RDBMS Technology (MSDE/Ms SQL/Oracle) v Compatible with Accounting Software v Export for Banks (Power Pay Accounts) DOS/Windows Printing Options w Multi User/User Level Access v Minimum User Entry v Multi Company/MultiBranches v Salary & Wages v Arrears v Loan & Advance v PF & ESI v Overtime v Bonus v TDS v Factory Act v Daily Wages Worker Piece Rate Worker v With Full & Final Settlement v Comprehensive Report Writer v User Define Allowances, Deduction (Set your Own Formula/Fixed Pay/Annualized pay etc.)
Reports : Salary Slip, Salary Register, Summary Statement, Salary by Chaque Salary by Cash, Bank Salary Statement, Non Bank Salary Statement, Reimbursement Statement, PF Statement, PF Return Statement (Form 6A), PF Return Statement (Form 3A), PF Form 5, PF Form 10, ESI Statement, ESI Return Statement (Form 6), Purposed Computation Chart, Purposed Form 16, Loan Entry Statement, Loan Deduction Statement, Loan Entry Details, Advance entry Statement, Advance deduction Statement, Advance Entry Details, Advance Loan Deduction Summary, Cash Adjustment Details, Arrear Slip, Arrear Register, Bonus Statement, Payment Form, Employee Salary Structure, Employee wise CTC, Company wise CTC, Department wise CTC etc.