Processing Payroll
CoinTrack Pro automates payroll computation based on attendance and configured rates.
Payroll Steps
- Review attendance records for the period
- Process overtime and adjustments
- Run payroll computation
- Review computed payroll
- Approve and generate payslips
- Export bank file for disbursement
Payroll Components
- Earnings: Basic pay, overtime, allowances
- Deductions: Absences, tardiness, government contributions
- Net Pay: Final amount to be disbursed
