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Payroll Software Release Notes

Erachana Line

 Version 1.1 New Release      26/10/2018

1) Exporting/Importing of Bonus Details in bulk
2) Minor bug fixes.

 Version Released      18/10/2018

1) Allows PT calculation with
All Indian State included
Individual employee can be exempted from PT calculation.
2) Allows PF calculation, and setting of Wage Limit
3) Allows ESI Calculation
Set different ESI Rates (for different periods)
Individual employee can be exempted from ESI calculation.
4) Allows NPS Calculation, Set different NPS Rates (for different periods)
5) Allows Salary Calculation based on
All Days or
Custom days
6) Allows Month Lock option for Salary
7) Change Indian State option for different months
8) Allows Configurable Salary Component Settings as follows
Set whether PF and ESI is applicable for component
Set component based on 3 options
9) Monthly value entry
10) Fixed
11) Based on salary rate
12)Allows Salary Configuration
Employee Salary
Set multiple Salary Components for an Employee (for different periods)
13) Allows Monthly Salary Calculations, with editable working days for individual employees
14)Allows Bonus Configuration, Estimation and Payment
15) Allows Advance Configuration, Deductions and Recovery Plan
16) Allows Gratuity Calculation
17) Allows Leave Encashment
18) PF & ESI Export
19)Allows the following Reports
Individual Payslip
Salary Sheet
20) Allows to calculate component based on user defined formula