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Paysolve Payroll Software Solution Features
- Statutory processing – All statutory requirements – SSP, SMP, SPP, SAP, PAYE, NIC, Tax Credits and Student Loans are catered for.
- BACS – Gives access to the most cost effective method of paying your employees.
- Paylist reporting – Users can create their own reports and text files at will without having to call for technical expertise.
- Full court order processing – Supports CSA, Council Tax and all UK Court Orders.
- Year-end module – Internet enabled – Tax Year-end is processed from a separate employee file, thus the New Year may be started without the need to first complete year end procedures. This spreads the workload at the most critical period in the payroll year. Paysolve is recognised by HMRC as compatible with current rules for on line returns of P14/P35.
- On-line enquiry and update – Gives easy access to employee data thus enabling queries to be answered in a quick and efficient manner, the access being via the employee number or name. Including Payslip preview prior to Gross to Net processing.
- Global updates – Tax codes, rates, allowances and deductions can be changed across all employees. Thus reducing clerical effort and allowing pay awards to be processed more efficiently and accurately.
- History module – User defined recording and reporting of historical data including payslips.
- User definable range checks – Giving the user early warnings of possible errors on items such as rates, hours, payments, deductions, gross pay and net pay, etc.
- Extensive user definable costing facility – Provides a file of journals for interface to nominal and contract ledgers the format of which can be maintained by the user giving them the facility to change with changing business requirements. Postings can be made down to individual elements over multiple cost codes if required, with facilities to post total, costed or apportioned values.
- History recording and reporting – User definable method of recording previous periods’ payroll information. The user has the ability to define the extent of the history being recorded.
- Data Extract – User definable method of extracting files (e.g. csv) containing any element of payroll data required – ideal for creating files for access by Word/Excel or for providing data for other products – Financials, HR etc.
- Data Import – Allows take on of employee data from other payroll/HR systems with automatic formatting of input files – also provides import of variable data for this period’s payroll from T&A systems or spreadsheets.
- RTI Pilot Project 2012 – Paysolve users will be participating in the new HMRC Real Time Information Pilot project due to commence from April 2012.