Payroll Add-On

Agile Solutions Payroll add-on for Microsoft Dynamics – NAV (Navision) automates and controls your organization’s finances, provides the information you need to make effective decisions and maximizes the effectiveness of your personnel. Each module adheres to the government regulations. The Agile’s Dynamics NAV Payroll is tightly integrated with Dynamics NAV financials.

Payroll is a major expense for any organization. With Agile Dynamics NAV Payroll add-on, you can analyze your ex­penditures by individual or department and ensure that vacation, sick and other pay accruals are properly maintained. Agile Dynamics NAV Payroll add-on maintains employee payroll information, handles de­ductions, calculates taxes, and prints payroll checks, forms and reports. Eliminate tedious manual calculations and save time gathering and preparing tax information.

 

Features

·         Built on Microsoft Dynamics – NAV platform

·         Flexible enough to define tax slabs for different categories, allow super user to make tax adjustment as per changes in government regulations

·         Generate CIT, PF and Salary Transfer Request letter in a single click

·         Department-wise payroll generation

·         Periodic salary adjustment

·         Automatically create payroll vouchers for General Journals

·         Automatically dispatch pay-slip to employees via email or SMS

·         Fiscal and/or calendar year reporting.

·         Allows lookups with incremental search, drill downs and multiple tabbed screens.

·         Automatically distribute earnings or hours by amount or percentage to Grants, Job Costing codes and depart­ments/cost centers to earning and benefit lines.

·         Unlimited years of history data on file.

·         Allows reprinting of all reports.

·         Comprehensive security at user, menu and program levels.

·         Full integration with Fund Accounting.

 

Key Payroll Functions for Microsoft Dynamics NAV
1.      Human Resources Setup	Payroll accounting period, tax exemption on insurance premium, retirement fund, leave parameters etc are defined within Human Resources Setup
2.      Employee Database	Employee’s details should be defined in Employee Card that incorporates general information, administration information, leave information and pay structure.
3.      Tax Slab Setup	Payroll tax structure (based on slab) is defined in tax card and can be modified as per the government regulations.
4.      Periodic Payroll Processing	Generation of periodic payroll based on master data, calculate earnings, deduction and tax deduction on source (TDS).
5.      Report Generation	Generation of various reports. (e.g. CIT Statement, PF Statement, Bank Transfer Report, Department wise Payroll etc…)
6.      Posting to General Journal	Automatic creation of journals on specified template and batch on the general ledger module.
7.      Archive	Maintain posted payroll into the history section of payroll.
8.      Audit	Available of Navigate, Register as part of Dynamics NAV standard feature to get audit-trials of the specific payroll.
9.      Document Distribution	Distribution of reports to various stake-holders of the organization.