It can be quite difficult to determine an employee's on-duty expenses and to reimburse them. With scalable and configurable reimbursement categories, adjustable, and more, VVelocity Payroll can help you manage the pain.
Dashlets
Examine application movement along with a comparison of allotted and utilised claims for the entire year and head-by-head claim analysis.
Adjustable
With the HOD's consent, employees have the freedom to select the reimbursable parts and benefits they want.
Handles
Reimbursement policies that take into account the employees' grade might be used to enforce organisational constraints.
Eligibility
By establishing limitations for claims based on the cost centre (Grade) and organization policy framework, eligibility can be managed.
Income Tax Effect
According to Sections 10 and 17, there will be an automatic effect in the tax projection as part of the payslip or as a payroll benefit.
Reports
Based on numerous selections and filtration, a detailed report can be prepared and printed for claim / reimbursement voucher acceptance.
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Payroll VVelocity software that is web-based and cloud-based is ideal for both large and small businesses. It offers a comprehensive solution for tracking employee attendance, productivity, and timekeeping requirements.