Payroll
Seeing a "salary transferred" message often puts a smile on your face, but there's a lot of work that goes into it. We make it easier! Effortlessly manage tedious payroll and compensation.
Salary Structure
Frappe HR lets you easily create complex, rule-based payroll structures. Define income and deduction components using terms and formulas. Map out any payroll use case – from statutory and tax deductions to bonuses and allowances.
Ensure accurate component calculations based on actual days worked, rounding preferences, and inclusion of amounts in total payroll. If you ever update component formulas, simply sync the changes with your existing payroll structures.
Setting salary structures in bulk
Search specific groups of employees using advanced filters, update base and variable amounts for multiple rows, and assign salary structures in bulk using the Salary Structure Assignment tool.
Salary Slips
Aside from the payroll itself, design your payslips with proper breakdown and understanding of compensation as a whole using the drag-and-drop print format builder.
Run standard payroll
Run monthly, weekly or bi-monthly payroll cycles for the entire company or a specific branch or department in minutes. With payroll filters, you can pay every type of employee in one payroll system – whether they’re part-timers or interns.
Record expenses, post employee accruals and bank entries, and ensure your general ledger is fully synced with your payroll data. You can send password-protected payrolls in just a few clicks.
Absorbing additional salaries and out-of-cycle payments
You can manage temporary payroll components without reviewing the payroll structure every time. The additional payroll feature in Frappe HR helps you easily set up one-time or recurring payments or deductions. These can be performance bonuses, secondment allowances, salary reductions, arrears, incentives or any other type of adjustments. You can also specify whether tax should be deducted for this specific component while disbursing payroll. Do you need to process refunds or cash advances outside the regular cycle? You can easily handle out-of-cycle payments by creating journal entries.
Recording expenses against cost centers
Salaries are a major part of your organization’s expenses, and you may benefit from tracking these expenses at a granular level.
Frappe HR allows you to record salary expenses against multiple cost centers based on employee or department. As your employees grow in their careers, they may actively contribute to more than one business unit.
In this case, salary expenses associated with that employee can be distributed across multiple cost centers by configuring that department in the payroll structure tasks.
Handling multi-currency salaries
Frappe HR lets you manage payroll for a global team.
Create payroll structures and tasks in different currencies and get net and gross totals in the selected currency as well as the company currency with exchange rates. Keep your ledgers in sync with multi-currency accounting.
Employee Loan Management
Frappe HR's integration with Frappe Lending allows you to efficiently manage employee loans from disbursement to recovery, and sync loan repayments with your employees' payroll.
Integrated with Timesheets
Employees who need to track their hours can easily fill out worksheets detailing activities for each project or task.
Create payroll structures based on worksheets, set hourly rates, and manage payments for hours worked on worksheets.
You can run separate payroll entries for payroll-based payrolls.
