MegathermErp is the division of Megatherm Electronics having specialization in SAP B1 implementation and Payroll management services in Kolkata, India. We manage all the Payroll processing requirements and offer easy to handle all salary process of the employees and file Income tax return & payroll compliance on time. We are a long runner on this track and have a long list of satisfied clients who implement our service and manage payroll service through easy pannel which customized by our expert. MegathermErp guarantees precision and timeliness at every stage of payroll processing.
We have an expert team having more than 10-years working experience in the same domain. We offer tailor-made payroll services with 100% flexibility to adapt them and function as per company requirement. The best part about our payroll services at Megatherm is that you get a complete range of services to take care of all your Payroll Processing requirements and provide solutions which are simple to understand and implement. This includes everything from salary processes of employees, the filing of their income tax returns for employees, and even payroll compliance on time. So leave your payroll worries on us.
Number of Users : Unlimited.
Data Capacity : Unlimited Data Capacity
Pay Calendar : Payroll calendar/s is defined to obtain the Pay periods. Different calendars can be defined for different categories of employees.
1. Pay Scale : Category wise Pay Scale can be defined in the system. This scale will have a default annual increment amount. 2. In absence of any pay scale in the organisation, it will be maintained in individual employee level without any annual increment.
G. Employee Hierarchy:
i) Hierarchy Level: Hierarchy level of the employee in his category can be defined in the system.
ii) This will be used at the time of promotion or different MIS reports.
i) For differentiating between pay roll groups person category is maintained.
ii) iMapping of pay period, pay type (Hourly/Daily/Monthly), Pay Scale, Hierarchy is made through this category.
Pay Calculation Rule Bench:
i) A simple calculation rule writing bench is developed to calculate individual pay heads and deduction heads amount dynamically at the time of pay roll preparation.
Pay Adjustment bench: A simple pay adjustment bench is developed for any other deduction which cannot be mapped through calculation bench.
Income Tax Calculation Rule Bench : A Year to date (YTD) calculation functionality is developed to determine the Income Tax deductible for the year. The tax amount is deduction monthly in pro-rata basis.