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Details of version 4.99 of PayPac from Fast Facts
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PayPac Version 4.99
Release Notes
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
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
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
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
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
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
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
Email -Investment Proof Letter
• Investment Proof reminder can be now emailed to employees
Main MenuException Reports