Releasing of salaries to the teachers and other staff is a monthly task and must be carried out with precision and there are several aspects which have to be taken into consideration as salaries encompass several components and not even one can be left unheeded and this module helps the school to handle all the related aspects with absolute accuracy and in a meticulous way. The module processes salaries and generates related reports for the school. iT also publishes salary slips online as today everyone demands for it for different purposes. The module acts as a data bank to store information regarding savings and investment details of each individual employee and it stays with the school perennially and can be altered at any given point in time whenever there is any change.
It helps in TDS calculation and generates reports related to it. The ECR file can be generated through this module for the purpose of Provident Fund (PF). The calculation related to not only PF but ESI is possible here and it helps to generate reports regarding it.
The module also prepares report related to bank salary disbursement and helps the school to keep a record of loans and advances for every individual employee. Moreover, it is very helpful in calculating increments and arrears.
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