SAGE POCKET PREMIUM
A multi user and multi company application, It comprises of
6 modules namely Payroll, Income Tax, Leave, Reimbursement, HR Letters
and E-mail with Payroll being the core module at the heart of the application. When
you implement Sage Pocket premium edition you also have the option to add on the
Sage Pocket online edition which provides a whole host of web-based benefits to
you and your employees.
Most organizations employ people under a number of categories,
having different components of earnings and deductions. Payroll is governed by statutory
regulations like PF, ESI, Professional Tax that are subject to change and which
specify a number of mandatory forms that need to be filed by the employer every
month. The Payroll module of Sage Pocket enables you to deal with these issues in
a simple, automated manner.
Income Tax Module
Calculation of Income tax is another routine and pain staking
activity that needs to conform to government regulations and norms. Sage Pocket
allows you to automate this activity for greater efficiency and accuracy.
Different organizations follow different leave policies and the
leaves allotted against each leave type, such as casual leave, earned leave, sick
leave etc., may also vary. Employee leave data needs to be captured on a daily basis
for accurate salary computation.
The Sage Pocket Benefit Module allows you to set CTC related reimbursements,
define dynamic reimbursement components like fuel, transport, medical etc. and define
limits for each component.
HR Letter Module
This module enables you to create any number of formats and templates
for appointment letter, relieving letter, salary certificate, experience certificate
etc. that can be saved and used in the future.
The email module is a separate module that is linked to Payroll,
Income Tax and
Benefits. Reports such as pay slip, TDS worksheet, pending proof etc. are
generated as pdf documents in these modules and the subsequent email to
the employee is generated using the Email module. This module can also be
used to send out employee wedding anniversary and birthday greetings through
Integration with Sage 300 ERP (Sage Accpac)
Sage Pocket is integrated with Sage Accpac – ERP Accounting Software.
However the payroll activity, which is also a company expense like any other vendor
payment, is managed by the payroll application. Since the payroll operation involves
multiple stakeholders performing different activities, it can be quite cumbersome
and error prone to manually enter the payroll expense into the company General Ledger.