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Open HRMS Payroll Accounting

Helps to manage payroll and accounting.

Key Highlights

Salary Rules

Can set Salary Rule for each Employee.

Salary Structures.

Can set Salary Structure for each Employee.

Employee Pay Slips.

Payslips available for each Employee.

Manage Journal Entries

Manage entries in accounting journals.

Open HRMS Payroll Accounting

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Salary Rule Categories

Navigate to Salary Rule Categories under Configuration in Payroll. Here, you can view the pre-defined Salary Rule Categories.

Salary Rules

Navigate to Salary Rules under Configuration in Payroll and create Salary Rules.

Salary Structures

Navigate to Salary Structures under Configuration in Payroll and create new Salary Structure.

Employee Payslips

Navigate to Employee Payslips in Payroll and create a new Payslip. Add the details and click Compute Sheet.

Journal Entries

Navigate to the Journal Entries in Invoicing.

Ability to assign salary rules to individual employees.

Ability to configure a salary structure for each employee.

Manage entries in accounting journals.

FAQ

When a payslip is confirmed, the module generates journal entries in the ledger for each salary component.

The module automatically posts salary expenses to the appropriate accounting journals based on configured salary rules.

Yes, you can configure specific accounts for salary rules like allowances, deductions, and bonuses.

Release 18.0.1.0.0

1st October, 2024
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