Paybooks

Attendance Tracking

Paybooks Attendance Tracking allows companies to monitor employee working hours, absenteeism, and punctuality through a centralized and automated system. By integrating with biometric or online check-in tools, it records clock-ins, clock-outs, breaks, and overtime, which can be directly tied to payroll processing. This feature ensures labor law compliance, reduces manual errors, and provides comprehensive reporting that helps managers assess productivity and manage workforce planning more effectively.

Benefits Management

Paybooks Benefits Management helps HR teams efficiently administer and track employee benefits such as health insurance, leave entitlements, and retirement plans. The platform centralizes benefit enrollment and eligibility tracking while automating deductions related to selected benefits. Employees can review and manage their benefits through a self-service portal, and the system ensures all changes are reflected accurately in payroll, minimizing errors and maintaining compliance with employment benefit laws.

Deductions Management

Paybooks Deductions Management automates the calculation and processing of payroll deductions, including taxes, employee benefits, insurance premiums, and loan repayments. The system ensures that all statutory and voluntary deductions are applied correctly during payroll processing. With customizable rules and accurate tracking, the feature helps maintain legal compliance, provides transparency on payslips, and reduces administrative burden by eliminating the need for manual intervention.

Direct Deposit

Paybooks Direct Deposit allows businesses to electronically transfer employee salaries to their bank accounts, offering a fast, secure, and error-free payment method. This feature eliminates the need for paper checks, reducing processing time and administrative overhead. Employees receive timely payments, and employers benefit from increased payroll accuracy and cost savings, all while maintaining full control and traceability over payment records.

Leave Tracking (Vacation)

Paybooks Leave Tracking (Vacation) automates the tracking and management of employee time off, including vacation, sick leave, and other personal days. The system calculates accruals, processes requests, and provides real-time leave balances through an employee self-service interface. Integrated with payroll, approved leaves are accounted for in salary calculations, improving transparency, ensuring compliance with labor laws, and facilitating effective workforce scheduling.

Self Service Portal

Paybooks Self Service Portal gives employees access to their personal payroll data, including payslips, tax documents, leave balances, and benefit information. Through this secure portal, employees can update personal details, view payment history, apply for leave, and track approvals. It reduces HR workload and enhances transparency by giving employees direct access to relevant information, encouraging greater autonomy and satisfaction in payroll interactions.

Tax Management

Paybooks Tax Management automates the computation, deduction, and filing of statutory taxes such as TDS, PF, ESI, and professional tax in India. The feature ensures that all tax components are updated with the latest regulatory changes and helps generate and file returns like Form 24Q and challans. By centralizing compliance, it minimizes the risk of penalties, simplifies audits, and enhances reporting accuracy.