SOLUTION
 

 

 

 
 

 

       
 
 

Detailed Costing Information
To ensure that relevant and detailed costing information is available, you can distribute Earnings, Deductions, Benefits, and Accruals across an unlimited number of employee classifications such as:

  • Positions
  • Departments
  • Cost centers
  • Positions
  • Pay groups
  • Locations
  • bargaining units
  • Full-time
  • Contract

This distribution capability includes both Employee and Employer portions of Earnings, Deductions, and Taxes and can be allocated by hours and/or percentages.


Reports
You also have access to five levels of company classifications for reporting purposes. These classifications can be "rolled up or down" when generating consolidated reports.

  • Periodic Attendance Summary
  • Individual Timecard with summary
  • Periodic, Monthly, Annual Payroll Summary
  • Periodic, Monthly, Annual Payroll Register
  • Pay Slip (with or without attendance)
  • ATM Report
  • Monthly SSS, HDMF, PHIC, W/TAX Remittance Report
  • Monthly SSS Loan, HDMF Housing, HDMF Multi-Purpose Loan
  • Deduction Report
  • Employee Loans Ledger
  • G/L Entry Report and Accrued 13th-month pay/VL/SL Conversion Report
  • Diskette Module for:
    • Pag-Ibig
    • SSS
    • Banks

End-of-year Routines

  • Mid-year computation of 13th month pay and/or exit pay
  • Automatic annualization of witholding tax on last payroll of the calendar year
  • Computation of 13th month pay using gross basic pay, gross total pay, last salary, and other methods
  • Conversion of unused vacation leave or sick leave based on user defined convertible day limit

General Features

  • Multi-company and multi-database support
  • Unlimited Number of User, Positions, Department and Pay locations
  • User adjustable SSS, Philhealth and Tax Rate Tables
  • Automatic Calculation of Under time Absences and Overtime (Regular and Holiday )
  • Flexibility in defining of Withholding Tax, SSS, Philhealth and Pag-ibig Contributions
  • Automatic deduction of Loans (SSS, Pag-ibig, Company, Housing and Medical) and Advances
  • Individual bonus/commission process
  • Maintains Vacation Leave (with pay) Balance
  • Maintains Sick Leave (with pay) Balance
  • Maintains Emergency Leave (with pay) Balance
  • Maintains Maternity Leave (with pay) Balance
  • Non-taxable Allowance (COLA)
  • Different Allowances
  • Audit trail of all system activities with searching and filtering based on user, module, & action
  • and much much more.

Pay Frequencies
MUSTANG Payroll provides total flexibility in defining the parameters of any required Pay Frequency or Pay Cycle.

The following Pay Frequencies have been pre-defined for you:

  • Daily
  • Weekly
  • Bi-Weekly
  • Semi-Monthly
  • Monthly
  • Quarterly
  • Semi-Annually
  • Annually
  • Other

The "Other" category addresses unusual pay frequency cheques such as Bonus, Superannuation, and Retroactive Pay cheques.

 
       
 
TERMS & CONDITIONS © 1999 - 2005 ALFOX NET, INC