Report managementINNOVATIVE ACCURATE AND AFFORDABLE PAYROLL SOLUTION

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.

colud based Payroll solution kenya PAYROLL PROCESSING FOR BOTH REGULAR AND CASUAL EMPLOYEES:

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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.

REGULAR PAYROLL:

  • 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.

CASUAL PAYROLL:
  • 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.


Leave management software LEAVE MANAGEMENT :

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Leave Management module is 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.

KEY FEATURES:
  • In-built leave encashment.
  • Leave extension and deduction.
  • Balancing forward of leaves.
  • Leaves can be defined as Paid leave or unpaid leave, En-cashable leaves etc.

payroll on cloud in kenyaLOAN MANAGEMENT

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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.

KEY FEATURES:
  • Manages various loans being granted to employees.
  • Manages recovery of loans.
  • Automatic interest calculations/ deduction.
  • Loans addition/ deduction at any given point of the month.

Leave management solutionSAVINGS MANAGEMENT:

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Saving management module is a tool designed to accommodate management of savings done through companies saving scheme. Once an employee is enrolled in a savings scheme, the first contribution becomes the opening balances. The interest rate define during the savings setup is earned and an optional contribution for that month can be specified. A withdrawal can also be considered and specified in the savings management

KEY FEATURES:
  • Can create virtually unlimited savings schemes
  • Manage interest rate per individual saving schemes.
  • Manages balances per saving scheme.
  • Easy to manage savings transactions entry screen.
  • Automatic deduction of the savings contribution.

Paymaster payroll softwarePAYMENT AND DEDUCTION :

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Users can create Virtually Unlimited Payment/Deductions as per the needs. Below are the ways how it can be calculated:

  • Variable:  Can create virtually unlimited savings schemes
  • Fixed: Remains Constant until changed e.g. COTU, Union, Medical, etc.
  • Calculated: Formula based e.g. 5% Of Basic + Housing + OT.
  • Slab Based: e.g. Sales Commission.
  • Import Payment/Deduction from Excel.

satytory-compliantSATUTORY COMPLIANT :

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P9A EXPORT FORMAT

Paymaster is approved by relevant tax authorities of Kenya, Uganda, Tanzania 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:


  • P9A, P9A (HOSP)
  • P10, P10A, P10D
  • PAYE Returns
  • NHIF Returns
  • NSSF Returns
  • Monthly P9A (for Online Submission)
  • DIT Report

cloud based payrollADVANCE MODULE :

1. AUDIT TRAIL :

Tracks all the Changes in the System & Presents them as a User Friendly Reporting. It can generate both Detailed & Summary Reports almost all kind of Salary Reports as per Company/Management needs It can Export the Reports to Excel, CSV or Fixed Width File.

2. BANK TRANSFER OF SALARY :

Pay Master Supports Bank Transfer Templates for Online Bank Transfer File Generation. In paymaster Bank Transfer is supported for Both Net Salaries & Salary Advances Bank Transfer can be configured to Transfer Net Salaries & Salary Advances in Different Employee Bank Accounts. This is tried and proven file Generation with most of the banks in Kenya and other countries.
User Friendly GUI, enables users to design the file format themselves.


cloud based payroll solution africaEMAIL/ PRINT PAYSLIPS :

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Auto pay slip mailer is one of the feature of Paymaster by which you can directly distribute pay slips to your employees with just one single click.
Pay Master Supports in-built Pay slip designer with multiple Options. User can configure Pay slip to Print with relevant information for ease of understanding the statutory deductions for the Employee. Pay slip designer also allows users to mention other details e.g. Department, Designation, Bank Details etc… on the Pay slip.


KEY FEATURES:
  • Can create virtually unlimited savings schemes
  • Manage interest rate per individual saving schemes.
  • Manages balances per saving scheme.
  • Easy to manage savings transactions entry screen.
  • Automatic deduction of the savings contribution.

Report management in payrollREPORTS:

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In Addition to Custom Generated Report Writer, Paymaster comes with multiple pre-defined reports keeping in mind the needs of company/Management.


Following is the List of Some of the In-Built Reports
  • Bank Payment Report
  • Company Debit/Credit Report
  • Company Payroll Report
  • Company Payroll Summary Report
  • Loan/Saving & Payment/Deduction Reports
  • Pension Contribution Report
  • Overdrawn Salary Report