The Payroll module brings a new level of flexibility to the payroll process. It can handle everything from the simplest to the most complex payroll applications. It can be used stand-alone or integrated with any of PACT business solution.
Pay can be computed for hourly, weekly, monthly for commissioned and contract employees. Deductions can be established for taxes as well as elective benefits. Deductions can be flat amounts or can be calculated through user-defined tables. Deduction tables for all taxes could be prepared in user defined format.
The module computes and tracks not only employee deductions, but also employer costs for worker's compensation and employee benefits such as sick and vacation time.
Additional employee information may be retained, such as comments on promotions or probation, review instructions and any statements that are not part of the regular employee data. An unlimited amount of data can be entered for each employee.