Payroll Management
The "Payroll Management" module in HRPro provides a comprehensive array of functions designed to streamline payroll processing for companies in Hong Kong. Below are the key functions based on the available web information:
Flexible Salary Handling:
Manage monthly salaries, daily and hourly wages, overtime, bonuses, double pay, salary adjustments, allowances, and both regular and ad-hoc deductions.
Automated Calculations:
Automatically compute Holiday Pay, Annual Leave Pay, Sickness Allowance, and Maternity Leave Pay using 12-month average wages, ensuring compliance with the Employment (Amendment) Ordinance 2007 (713).
Excel Integration:
Import data such as overtime pay, bonuses, and commissions directly from Excel for easier management and accuracy.
Payment Options:
Facilitates payroll processing through auto-pay or cheque payments.
No Pay Leave Deductions:
Automatically calculates deductions for unpaid leave.
Pro-rated Payments:
Handles incomplete monthly payments with automatic pro-rating based on the days worked or other criteria.
Customizable Pay Items:
Allows for defining pay items as regarded or disregarded wages, taxable or non-taxable, and whether they contribute to Mandatory Provident Fund (MPF).
Mid-Month Payroll Batch Processing:
Supports an additional batch issue during the middle of the month for commissions or mid-month payments. This includes enabling, generating, amending, and protecting mid-month payroll batches.
Payroll Record Amendment:
Provides functionalities to amend payroll records, including adjustments to worked hours, regarded work paydays, and hourly or daily rate calculations based on attendance data or setup preferences.
Pay Slip Generation:
Customizable options for pay slip presentation, including the use of company letterhead and defining various elements like gross salary, deductions, net pay, overtime, bonuses, and other allowances.
Daily Salary Calculation:
Daily salary calculations can be based on different criteria like "Daily Salary based on" settings, including options like Calendar Days, 30 Days Average, or 30 Days Maximum, which affect how daily rates are calculated for different employee types.
These functions collectively aim to reduce manual effort, ensure compliance with local laws, and enhance the accuracy and efficiency of payroll management.
Screens
Payroll Reports
See also: