Provident Fund

It comprises of the following modules:
- Rates
- Initial Balances Input
- Payments
- Interface from payroll System
- Input of allocation amounts
- Allocation to members
- Enquiries /Reports

Key Features, procedures and best practices:
• Flexible rates for input of company’s parameters (periods / rates etc)
• Input screen for initial balances if these exist or input of amounts if no payroll exists
• Input screen for amounts if no payroll exists
• Interface with payroll for automatic transfer of provident fund amounts
• Payments to members
• Screen to enter amounts to be allocated to members
• Allocation of amounts to members
• Reports and enquiries