• Monthly Master Calculation based on Attendance
• Arrears Calculation
• One time Payment & Deduction
• Overtime, Leave Encashment, Shift Allowance, Gratuity, Superannuation, Bonus Calculation
• Reimbursement Tracking & Processing
• Income Tax, PF, PT, ESI, LWF Calculation & Deduction
• Employee loan related calculations
• Employee perquisite calculation
• Investment & Flexi-basket declarations
• Hard furnishing Scheme Administration
• Third Party Payment Calculation
• Full & Final Settlement
• Administration of Employee Reimbursements
  • Facilitation & computation of reimbursements linked to CTC of employees
  • Vouching of Reimbursement documents/bills
  • Information to Clients' employees regarding status of claims
  • Tracking of Accruals, Bill submissions, Payouts and Balances
  • Tracking LTA blocks
• Year End Income Tax Proofs
  • Facilitation of proof submission online
  • Help desk services at client location to enable their employees to submit proofs
  • Verification of proofs and incorporation in payroll

Reports

• Employer Reporting
  • Monthly Pay Register
  • Provident Fund Deduction Report/Advice
  • TDS Advice
  • Professional Tax Advice (State Wise)
  • Labour Welfare Fund Advice (State wise)
  • ESIC Deduction report (Location wise)
  • Payroll Summary reports
  • Loan reports
  • Tax Register
  • Variance Analysis
  • Net Pay Reconciliation
  • Bank Advice for Salary Credit
  • Headcount Reconciliation
  • Reimbursement Reports
  • Financial JV compatible with accounting package of the client
  • Meal Voucher Procurement & Distribution Reports
  • Third Party Payment Reports
  • Any other reports as per Client requirements

• Employee Reporting
  • Monthly Payslip
  • Monthly Income Tax Statement
  • Loan Payslip
  • Reimbursement Balance Report
  • Leave Balance Report
  • CTC Report
  • Annual Payslip
  • Form 16 / Form 16A

Employee Self Service Portal:

ESS is a unique employee self service tool which is provided by Paysquare to the employees of Client Company. Clients’ employees would be given a unique ID and Password for accessing the data pertaining to them via internet.

The employees can access the following:

• Monthly Payslips and Tax sheets
• Online Tax Simulator
• Issue Base
• Polling
• Annual Payslip
• Reimbursement Summaries
• Declaration of Flexi Basket
• CTC Reconciliation
• Leave Balance Report
• Admin Login