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PayPac Version 4.99 Release Notes

PayPac Version 4.99

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Details of version 4.99 of PayPac from Fast Facts

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Page 1: PayPac Version 4.99

PayPac Version 4.99

Release Notes

Page 2: PayPac Version 4.99

Exception Reports

• A new menu option to give exception reports which need to be looked into for accurate payroll processing.

• Two reports are added in this version

– Senior Citizen Age Profile not matching actual age

– Employee crossing 58 years and EPS is still being deducted

Main MenuException Reports

Page 3: PayPac Version 4.99

Senior Citizen Age Profile not matching actual age

• This report will calculate actual age of employee based on given date of birth

• If employee is crossing 60 years at any time during the financial year, it should be marked as 60 to 80 in Employee Master.

Exception ReportsSenior Citizen

Page 4: PayPac Version 4.99

Senior Citizen Age Profile not matching actual age

• Similarly employee crossing 80 years at anytime during the financial year, should be marked as > 80 in Employee Master

• The report will show reports where age is not updated correctly in SalTds

Main MenuException Reports

Page 5: PayPac Version 4.99

Age crossing 58

• This report will calculate actual age of employee as on a particular month based on given date of birth

• If employee is crossing 58 years during the month, then EPS applicable should be marked as “No” in statutory info of Salary Structure

• The report will show employees where age is EPS applicable is not updated correctly updated

Main MenuException Reports

Page 6: PayPac Version 4.99

Print Appointment Letter

• For employee joining the company, an appointment letter can be printed.

• A default text of letter is given, which can be edited by user.

• Fields marked in <> come from database and should not be edited

Main MenuException Reports

Page 7: PayPac Version 4.99

Auto TDS deduction consistency

• If earnings and deductions of an employee remain the same throughout year, TDS deduction on month to month basis ought to be same.

• Rounding off was creating a difference of Re 1 on month to month basis. This is fixed in Version 4.99

Main MenuException Reports

Page 8: PayPac Version 4.99

Same loan twice in a year

• Currently if same loan is to be given to an employee during the year, a new loan code has to be created.

• Now PayPac will permit adding another loan during the year , provided the previous loan has been paid off

Main MenuException Reports

Page 9: PayPac Version 4.99

Email -Investment Proof Letter

• Investment Proof reminder can be now emailed to employees

Main MenuException Reports