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

Payroll Processing

  • Minimum Data Entry
  • Import data from MS Excel
  • Stop Salary
  • Rollback of processing
  • Locking of Processed Month

Disbursement

  • Direct Bank Payment Electronic File
  • Cheque/ Cash Payment List
  • User Definable Payslip layout
  • Payslip delivery thru Email
  • Reimbursement Payslip

Powerful Modules

  • Loan Recovery module
  • Leave Management module
  • Arrears Computation module
  • Bonus Computation Module
  • Reimbursement Module

Reporting

  • Several Standard Reports
  • User definable salary register layout
  • One / Two level Report Grouping
  • Several Filters
  • Reports can be exportable to Excel / Word
 

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

ESIC

  • Parameters to fix ESIC Contribution / Deduction Rate
  • Parameter to make ESIC applicable at employee level
  • Form 5, 6,7,Report and challan

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.

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.