Payroll & Compensation

In PrismERP, Payroll & Compensation is used to manage employee salary structure, payroll setup, and salary processing. It defines how employee salaries are structured, calculated, and processed within the system based on configured rules.Users can configure payroll components such as pay grades, pay scales, payroll items, and payroll schedules. The system also supports payroll management and processing to generate employee salaries according to the defined structure and setup.This module covers the full process from payroll configuration to salary processing within PrismERP.

Key Features

1. Payroll Management
2. Payroll Item
3. Pay Grade
4. Pay Scale
5. Payroll Schedule
6. Payroll Processing