Would like to see a payroll service implemented; Maybe not a true payroll but at least the ability of tracking payments to employees without making them a vendor.
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Kavya Sharma commented
As an expert, I would recommend looking into a comprehensive HR and payroll management software that includes the ability to track payments to employees. While there are some software options that may offer this feature as an add-on, a dedicated HR and payroll management software will offer more robust features to streamline all HR and payroll processes.
Some of the top HR and payroll management software options in India, such as GreytHR and Zoho Payroll, offer not only payroll processing but also features such as attendance tracking, leave management, and employee self-service. These software options can also integrate with other HR and accounting software to provide a comprehensive solution for all HR and payroll needs. To know in detail visit: https://www.solution4retail.com/payroll-software
In addition, if you are looking for a point of sale software solution, I would recommend exploring options such as Marg ERP and Tally.ERP 9. These software options offer point of sale capabilities along with other business management features such as inventory management and financial accounting. It's important to choose the best POS software in India that fits your business needs and budget.
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Tom D. commented
A simple change to allow a negative number in an expense itemization would make do-it-yourself payroll almost trivial to implement:
Payroll: $2,000 Payroll is an expense category
Payroll Liabilities: -220.10 Payroll liabilities is an Other Current Liability
Zoho should then enter a net amount of 1,779.90, payable to the employee.
Allowing negative numbers in expense itemization could make a ton of manual journal entries unnecessary.
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Alex Mathew commented
Hope you are doing well.
I'm just stumbleupon this topic and I would love to suggest a very few Payroll software & HR software solutions as below, hope you like them.
Best HR & Payroll Software for Every Business:
2. Spine Payroll
4. Keka HR
10. Wallet HR
The top payroll software will help you to manage your finances and pay accurate salaries to the workforce. This software will centralize attendance, leave, and performance management on a single platform to process payroll as per the employee inputs.
The best payroll software in India will help business owners to follow mandatory compliances and manage the risks
Hope the above list will help you to choose the right solution for your business.