PayPac
Complete Your Payroll Quickly and Easily
PayPac offers the simple and quick solution for
setting up and processing payroll month after
month. Complete compliance with Indian laws is
incorporated in the software.
Handle All Statutory Requirements
All legal requirement PF, TDS, ESIC, PTax are covered most of the legal calculations are parameterized. Also regular upgrades are provided for changes in the laws
Enjoy Flexibility and Ease-of-Use
Simple & completely menu driven, PayPac offers flexibility in almost all fields like payslip design, register columns, Earning deduction formula, defining grade wise salary.
Get Comprehensive, Powerful Reports
Several reports that offer valuable MIS are part of PayPac complete drill down of monthly salary, employee wise yearly salary details are available on screen.
Added Features
Paypac also includes leave management, auto loan recovery, reimbursements, arrears bonus calculation.
For 18+years Fast Facts has been committed to giving you proven solutions that help automate business processes to save time, eliminate errors and ensure compliance with ever changing statutory provisions.
Salary Components / Structure
- User definable earning / deduction formula - absolute / Pro Rata
- Create complex formula with ease
- Payslip / Non Payslip Component
- Component - Regular / Lumpsum
- Up to 20 Earning/Ded. per employee
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Payroll Processing
- Minimum Data Entry
- Import data from MS Excel
- Stop Salary
- Rollback of processing
- Locking of Processed Month
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Disbursement
- Direct Bank Payment Electronic File
- Cheque/ Cash Payment List
- User Definable Payslip layout
- Payslip delivery thru Email
- Reimbursement Payslip
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Powerful Modules
- Loan Recovery module
- Leave Management module
- Arrears Computation module
- Bonus Computation Module
- Reimbursement Module
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Reporting
- Several Standard Reports
- User definable salary register layout
- One / Two level Report Grouping
- Several Filters
- Reports can be exportable to Excel / Word
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Statutory Compliance
PF
- Parameters to fix PF Contribution / Deduction Rate
- Parameters to make EPF applicable at employee level
- Parameter to fix maximum Salary for PF
- Form 5, 10, 3A, 6A, 12A, Challan, eForm9 and Reconciliation Report
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ESIC
- Parameters to fix ESIC Contribution / Deduction Rate
- Parameter to make ESIC applicable at employee level
- Form 5, 6,7,Report and challan
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Profession Tax
- State wise slabs and rates can be fixed
- Parameter to make P Tax applicable at employee level
- Challan and Forms for Maharashtra and West Bengal etc.
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TDS
- Parameter to make TDS deduction auto/ manual at employee level
TDS Estimation Slips
Form 16,16AA, 12BA
- Quarterly eTDS File generation Form 24Q & form 27A
Challan Printing
- Provision to enter investment details and chapter VI A deductions.
- Regular downloadable upgrades for any changes in tax laws & rules.
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