New Payroll Management System for schools

Aug. 14, 2013 - PRLog -- PenPencilEraser, a cloud based online school management software introduced in the year 2012 is on a continuous verge to probe detail into the school management division and identify the complex structure where school takes time to process the data. Though the initial version of software included the basic functionality to carry on school administration work online, later in the same year updated the software to include Staff Daily Attendance report. The best thing about PenPencilEraser is that it allows updates for current and new version at free of cost with remote support on its usage.

Within a short period of time after the last update, PenPencilEraser is coming again with a new update in the software targeting payroll accounting. The new design of a convenient payroll system to manage school employees including teaching and non teaching staffs is all set to release out of the pipeline. Schools which already employ the software get an automatic update of the Payroll functionality. The good news is that no school data gets affected while on the update.

To talk about the Payroll module, it allows the school to process salary online.

Accordingly, the new payroll management system will ease school administration process by managing the salary process online. Though there are different payroll management systems online, the distinguished feature in built with PenPencilEraser payroll system is the printable forms to take forward the bank transaction. This particular feature sets its difference in addition to payroll accounting.

Employee salary is calculated on the basis of working days, attendance, deductions, increment, allowances, incentives, accommodation fee, hostel fee, tax, insurance etc. Authorized user is allowed to view and process the employee salary at the Payroll dashboard. This authorized user can easily calculate the data as all the details required in processing the salary is readily available on the same dashboard.

Employees are classified into different groups based on their nature of job. This lets admin to process salaries in a group to carry out payroll accounting in a systematic manner. This also avoids misunderstanding of incentives liable to each group of employees.

Since it is a multi step procedure, turning pages back to back and referring HR and salary registers is no more required. As all data is already available on the database, the admin need to retrieve and process the salary with a few clicks on the software. Schools find payroll features in addition to other school administration work as a time saving aspect.

Advantages in Brief:

·  Comes in addition to general features packed in usual school software

·  Calculates payroll individually grouped into categories

·   Printable salary receipts available

·   Receipts could be downloaded as .pdf or .xls format

·    Customized text boxes to add additional field if required

Consumers who already use PenPencilEraser find payroll options as soon as it rolls out in the current version. This update is combined with other features at free of cost.

To get a free demo of PenPencilEraser, please visit http://www.penpencileraser.com/demo.php