Erp pptx
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Transcript of Erp pptx
ERP(Enterprise Resource Planning)
KHALILULLAH
12BSP1463
“E”
ERPERP is the new invention of Information technology
in which experts make the system for integration of
all business processes . For this , they utilize
different software and hardware , with this all
process of business like , accounting , human
resource , production and now marketing are
managed
PayrollPayroll manages the portion of accounting that is related to salaries, wages, and bonuses for employees. The software must be able to support the following set of functionality: payroll profile for the employees, benefits and deductions, eligibility controls, user’s balances, tax deductions, as well as payroll calculations, processing of payments, check printing, check distribution, tax documentation, security and auditing, and automated timesheets.
Profile for Employee Payroll
The employee payroll profile allows administrators to add, change, or delete information regarding an employee (including their personal, wage, tax , deductions at source, and direct deposit information).
Automated Time Sheet
1.Creates edit reports to show exceptions in payroll process prior to running payroll
2.Automate balancing income taxes processes .
Time and Attendance
Includes automated timesheet for time worked and leave tracking
Employee self- service
Employee self-service lets workers access their personal information .
Benefit allocations on-line to manage life events and benefit selections without having to send forms to human resources.
The software should also support benefit enrolment programs
User BalancesThis user balances functionality allows
administrators to define opening balances for earnings, deductions, and tax deductions for each employee within the enterprise.
User balances can be defined in various units of measure such as, currency, hours, or integers.
In deductions where there is a cap amount, the system will automatically stop the deduction once it has reached the defined user balance.
Earnings and Deductions
Earnings and deductions include all monies payable to and deducted from an employee for services rendered.
Earnings may include wages, commissions, and bonuses.
Deductions may include taxes, benefits, etc.
Reporting and Analytics Five or more years of history can be stored in
system with no performance slow-down
Wage and salary costs data, with detailed breakdowns across, for example, earnings, deductions, and disbursements
Creates edit reports to show exceptions in payroll process prior to running payroll
Print directly from the system without using third party software
Automate balancing income taxes processes
Payroll reporting (e.g., tax reporting and government-mandated reports to employees )
Absence and leave accrual reporting
Report on vacation usage and alert supervisors when allocation is exhausted
Generates reports on employee sick time and lost time injuries and illnesses
Tracks absentee rates by department and supervisor
Tracks employee absences against various parameters and generates reports