Calculating Final Settlement of an Employee is a time consuming, technical and tedious work. Calculating Final settlement need to take care of various aspects of payables and deductible from employees. This HR Software can calculate final settlement in one click and give you the printable report which you can present to high management and employee as well.
This HR System calculates gratuity of employee as per his date of join, contract type, salary, takes care of any balance cash advance to deduct, allows you to enter any other deductible amount and prepares final settlement. It saves your a lot of time as well as avoid any miscalculation.
Gratuity Calculation is also a time consuming and error prone work for payroll accounts. When you need to get a report of payable gratuity amount to all employees upto a date to see your liability, it becomes very difficult task for manual calculations.
This HR Software can calculate gratuity for each employee and shows you the service years, months and payable amount as per his salary amount, joining date, contract type etc. This HR Software also offers a combined report of payable gratuity and balance vacation amount of all employees in one click.
More Benefits of This HR Management System: