Payroll

The Payroll System, developed purposely to cater for the local market is rich in functionality, cost effective, reliable and above all proven. The Payroll System is highly parameterised and can be easily integrated with applications such as Time and Attendance and Human Resources Management System. The Payroll System can support a multi-company workforce, as well as, cater for an unlimited number of organisation levels.

payroll

The Megabyte Payroll Module features user-friendly functionality for the payment and handling of salaries, overtime and union deductions, fringe benefits, health insurance, and company pension contributions. Data input can be customised so that any financial and statistical information is easily tracked and queried. As well as our HR module, the Megabyte Payroll System is engineered to cater for and respond to on-going and diverse business needs.

Payroll System Salient Features include:

  • Completely automated Fringe Benefit calculation
  • Payroll cycle checklists
  • Produce detailed pay-slips/tax sheets for any year online
  • Direct Credit / SEPA/ Cheque Printing facility
  • Send pay-slips via e-mail
  • Bulk payroll updates and deletions
  • Electronic Lodgment for IRD records
  • Maintenance of a comprehensive history of employees
  • Generation of end-user and Government reporting
  • Unlimited number of payroll  employees and departments
  • Unlimited number of payroll allowances and deductions
  • Unlimited types of leave
  • Automatic pro-rata calculation of basic salary and government bonus
  • Rule-based Benefits and Compensation Administration
  • Full Maltese Legislative Compliance
  • Complete Salary History Information
  • Configurable Security

 

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