Payroll Comparison

 

[Up] 

 

Legacy professional/Basic Payroll Comparison

Description

Basic

Pro

Calculates pay based on monthly, bi-monthly, fortnightly, weekly, hourly or piece rates.

Yes

Yes

Payment by cash, check, bank lodgment or electronic transfer.

Yes

Yes

Calculates vacation pay

Yes

Yes

Calculates service charge payments for hotel employees.

No

Yes

Unlimited number of user defined departments

Yes

Yes

Unlimited number of user defined deduction  & earnings headings.

Yes

Yes

Unlimited number of user defined third party institutions.

Yes

Yes

User maintained NIS and PAYE tables.

Yes

Yes

Electronic interfaces for most local banks

No

Yes

Calculates and tracks employer’s portion of benefit contributions

No

Yes

Allows the splitting of employee’s pay between departments.

No

Yes

Calculates tax on non-cash benefits (e.g. cars).

Yes

Yes

Allows payment of vacation monies several weeks in advance of vacation time.

No

Yes

Allows vacation time buy back

No

Yes

Prematurely terminate vacation leave

No

Yes

Postpone vacation if employee sick while on vacation

No

Yes

Define Deductions as percentages or fixed amounts

Yes

Yes

Define reducing balance deductions

Yes

Yes

Limit deductions to a monthly maximum

Yes

Yes

Calculate deductions based on a table

No

Yes

Define earnings as percentages, rates or fixed amounts

Yes

Yes

Prints payroll Checks

No

Yes

Worksheet for the daily entry of total daily hours or work start and end times.

No

Yes

Import time card information from an external file

No

Yes

Universal time clock interface.

No

Yes

Update employee’s record manually (creates audit trail)

Yes

Yes

Terminate/reinstate employees.

Yes

Yes

Suspend employees’ pay calculation

Yes

Yes

Change tax codes globally

Yes

Yes

Prints remittance lists for third party institutions

Yes

Yes

AccPac Interface

No

Yes

Legacy General Ledger Interface

No

Yes

Maintain notes on each employee

Yes

Yes

Print employee statistics report

No

Yes

Display earnings by heading & department expenses graphically

No

Yes

Set user access by menu selection

Yes

Yes

Prints cash breakdown

Yes

Yes

Prints employee signature sheet.

Yes

Yes

On-line history shows details of every previous payroll for each employee

Yes

Yes

Built in structures for other Caribbean countries.

Yes

Yes

Multi-Company

No

Yes

Multi-Portfolio

No

Yes

Multi-User

No

Yes

[Up]