3 Features Of An Effective Payroll Software
Payroll software has become essential for any enterprise that wants to keep its finances in check and automate tedious but crucial HR functions. Salary calculation software doesn't just automate the payment of salaries to employees, it also calculates and deducts taxes and EPF payments. Beyond these basic features, payroll software for accountants also performs other functions that help both employers and employees. There are multiple payroll software applications out there, but some don't have the features that are required daily by organizations. In this article, you will learn the 3 essential features of a payroll software for accountants. 1. Tax Filing and Management Capabilities After the introduction of taxes like GST, it has become extremely hard for accountants to keep track of all tax payments. Taxes are time-consuming and any delay or mistake can result in dire consequences like audits and fines. Payroll software for accountants automates this entire process with t