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Dynamics 365 Payroll: 6-Wk Implementation

Folio3 Software Inc.,

An advance Payroll solution for Microsoft Dynamics 365 Business Central for multiple countries built to enhance Payroll and HR functionalities.

The Advance Payroll Solution for Dynamics 365 Business Central takes the standard payroll-related features of the ERP and mold it into a powerful yet easy to use Payroll processing tool. 

Deliverables

  • Determining the scope of implementation and how many resources will it require.
  • Full-time & Part-time employee payroll processing. Salary calculations, deductions, commissions, Provident fund, etc.
  • Default, leaves, termination, retirement, bonuses, traveling allowance, commission, and ad hoc allowances and deduction calculations.
  • Automatic calculation of Payroll based on attendance and time worked. 
  • Accounting for the loan and automatically creating a payout structure.
  • Payroll setup for multiple countries with different currencies. Includes currency converter, payroll schedule, time mapping and more. 
  • Create and manage Tax Authorities and Tax Tables by authority, process tax calculations as per income tax law, make tax adjustments, manage tax rebates based on investment in Mutual Fund/other funds/ Insurance and calculate tax deduction on cash withdrawal and utility bills.
  • Customizations as per Tax/labor laws of the country.
  • Payroll flat files for bank disbursements that comply with various banks in specific countries' requirements.
  • Cloud-based rich set of reports to visualize the payroll data with different perspectives including, payroll summary, tax register, benefits summary, bank disbursement, financial impact reports.

Pricing: The pricing is based on the deliverables and the customizations, modules and applications that are required by the customer.

 For more info visit: Folio3 Dynamics 365 Payroll or email dynamics@folio3.com

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