How are pay periods determined? Can we pay bi-weekly using payroll software?

[Sajal Mittal]

#22405

Hello,

Our company is into production. We pay hourly to our workers. How do you determine pay period in Lenvica HRMS payroll software? Is it possible to pay salary to our employees weekly or bi-weekly through Lenvica HRMS payroll software?

[Vineeth Jose]

#22409

A pay period or salary period is a recurring length of time over which employee time is recorded and paid for the work done. Examples of pay periods are weekly, bi-weekly, semi-monthly, and monthly. Pay periods are determined by the employers and as per their company policies, it may vary for each company.

Lenvica HRMS payroll software lets user to pay wages daily, weekly, bi-weekly, monthly etc. Pay period is user defined in Lenvica HRMS payroll software. In salary module, user can create salary period of any duration and therefore process salary of employees for the specified duration. Payroll and attendance are interlinked in Lenvica HRMS HR software. Lenvica HRMS payroll software picks attendance corresponding to the pay period you have defined to process the payroll. If it is weekly pay period, then the various attendance variables that may have been used in formula for payroll processing, like work time, overtime, late-in, early-out etc will be of that particular week defined as the pay period only.

[Nicholas]

#22410

Hello,

We are automobile spare parts manufacturing company having around 4 branches in different countries. We are processing payroll in multiple currency according to the country where the branch located. We are planning to process all branches employees payroll from our head office. We are looking for a payroll software that can handle multiple currencies. Is it possible in attendhrm to process payroll using multiple currency? Can the management view the salary overview of their location employees using attendhrm payroll software?

[Steve Alex]

#22412

Hello Nicholas,

Yes! Lenvica HRMS payroll software supports multiple currency. Each salary group can be configured with one currency. Salary groups can be created based on locations. You can create multiple salary groups with their own currencies. Lenvica HRMS payroll software also Management Information System (MIS) module which is a web based module which can be accessed from Mobile and desktop browsers. This is useful for the top managers in each location to view salary overviews, salary comparison, summary of salary heads, location wise and department wise earnings and deductions etc.

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[Daniel Hayes]

#22417

Our payroll software does not allow to reprocess the payroll more than once. Every processing is final. Does Lenvica HRMS payroll software allow reprocessing salary?

[Sujit Manoharan]

#22419

Hi. Lenvica HRMS payroll software allows you to process the salary any number of times. This allows you to review and correct the values and to mark each payslip as verified. It is possible to close the salary period to finalise the changes and reopen it if necessary, to make changes.

Lenvica HRMS also allows flexible salary periods such as weekly, bi-weekly, monthy etc. It also supports multiple currencies. It has formula editor which allows you to set formula for salary heads just like in an excel sheet. The amount of customisation required in this software is very minimal, when compared to other payroll software. Settings are available to customise reports and payslips. The payroll software is extremely flexible and user friendly.

[Abin Sam Titus]

#22552

In my company, we have a bi-weekly pay cycle and payroll processing using Lenvica HRMS payroll software. How can I monitor the overall yearly salary summary for the financial year? Does it summarise bi-weekly pay to monthly pay?

[Nisa]

#22557

Lenvica HRMS payroll software has multiple yearly reports. The Yearly Salary Summary report shows all the salary periods separately, with the total of Netpay of all the periods for each employee, and Yearly overall total.
Lenvica HRMS payroll software also has Yearly Salary Details report, which shows the details of the salary paid by different salary heads in each salary periods.
You can also get the summaries about Earnings, Deductions, Location wise and Depatrment wise Earnings and Deductions Reports with currency in Lenvica HRMS MIS module.

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