yesvijay2004

 Profile Answers by yesvijay2004 Questions by yesvijay2004

• Jun 13th, 2008

 

While doing payroll through payroll packages / any other calculated exel sheets, we will get the appropriate data of salary payout / income tax payable & deductable values / statutory deductions particulars / Professional Tax deductable & payable values.

Rounded off values with proper / appropriate format for filing IT & Statutory & PT will be generated through computerized payroll system.

daizy

• Aug 13th, 2011

 

-the user will save a lot of time w/ less effort in calculating

-efficiency and accuracy

-reduces burden of work

Puran Dangwal

• Aug 23rd, 2011

 

With the computerised payroll systems,
You saved a lot of your time,
Your accuracy and efficiency is increased by many times.
Your are free from small and small human mistakes in calculation and linking etc.
Once master data is updated(CTC,Reimbursement), rest is taken care by the systems once input is given as and when salary is processed.
Better control is exercised.
Regards
Puran Dangwal

Harshini

• Nov 13th, 2014

 

Benefits
1 Accuracy
2.Speed
3.Time save

Disadvantages
1. Unemployment problem(This system is reduce the manpower, so it cause to unemployment.
2.Risky(sometimes difficult to find out errors)

stellalauren

 Profile Answers by stellalauren 

• Jan 3rd, 2015

 

Every business needs a payroll computation or an expert. No doubt in that, but when the business expands into numerous workforce paperwork calculation does not help and computerized payroll become one of the most important feature to be included.

The benefits have been discussed already by many people.

Some benefits that i would suggest are:

- reduce human error
- reduce paperwork
- easy calculations
- forecasting
- reliable backup