MAIN FEATURES

• Fully Menu Driven and User Friendly;

• Network ready;

• Allows Weekly, Semi-Monthly and Monthly Pay types for Daily rate and Monthly rate employees;

• Allows Employee Code Size up to 10 Characters;

• Provides a table for pre-defining Withholding Periods for a whole Fiscal Year;

• Allows printing of reports by Level and/or by Sub-Level;

• Provides data entry for Year-To-Date Files;

• Provides data entry for Previous Employer Files;

• Automatically computes the incurred leaves and also monitors leave credits and balances; converts the unused Vacation and Sick Leave/s to cash;

• Automatically calculates the Withholding Tax, SSS, PhilHealth, EC, and Pag-IBIG contributions using the built-in tables;

• Computes 13th Month Pay and Bonuses;

• Computes exemption of 13th Month pay and other Bonuses from tax payment pursuant to the provisions of RA 8424 of the Bureau of Internal Revenue (BIR);

• Allows entries for additional Taxable Income, Non Taxable Income, Adjustment, Deduction and Loan; For the Deduction, it can be taken from the employee’s Bonus or 13th Month pay aside from his/her Regular Pay;

• Allows unlimited no. of optional Adjustments, Deductions, Loans, and Leave codes that can be defined;

• Allows maintenance of employee loans (company or SSS), automatically deducts loans and computes outstanding loan balances;

• Generates SSS Salary Loan reports in print and in diskette (MLAD Diskette);      

• Generates sorted print outs for Leave, Other Taxable Income, Non-Taxable Income, Loan, Adjustment, Deduction and Bonus Files based on codes;

• Allows processing of Payroll/Bonus/13th Month/Salary Increase and generates reports for All or Selected Employees, Levels, or, Sub-Levels only;

• Generates Monthly and Quarterly reports for SSS/Medicare/EC and Pag-IBIG contributions through print and diskette;

• Generates Monthly and Yearly Withholding Tax Reports; 

• Provides setting of payment (beginning of the month, every pay, or end of the month) for Deduction, Loan, Other Taxable Income, and Non-Taxable Income entries;

• Provides Password Security to control data entry and prevent unauthorized viewing to ensure data protection; 

• Password module limits the access levels of users to Full-Control or View/Read-only permissions;

• Generates Payroll Journal Entry report in print and in diskette;

• Allows the display of Company Logo on payroll, bonus, and 13th month pay slips.

• Computes Salary Increase of employees based on their specified Pay Class Codes; and allows automatic computation of retroactive adjustments on Basic pay and number of days to be adjusted;

• Allows User Classification for Confidential and Non Confidential pay type;

• Allows the user to define different types of Overtime in the Timecard entry to accommodate the existing setup in your company;

• Accommodates the 10% Withholding Tax Deduction and generates necessary reports for Professionals;

• Generates an Audit Trail Report; Keeps track and records the entire transactions made by the users on the MSI Payroll system; 

• Allows locking of pay periods to prevent data alterations on the previous payroll periods;

• Allows decentralized remittance of Premium Contributions such as SSS, Philhealth, Pag-IBIG as well as Withholding Tax; the system provides option to define the branches of different government agencies where employees’ premiums/withholding tax should be remitted;

• Allows ADDITIONAL withholding tax amount for the Payroll, Bonus and 13th Month;

• Automatically checks the no. of qualified dependents for tax computation;

• Allows suspension and resumption of deduction and loan;

• Automatically saves the name and its position to the reports with corresponding official signatory;

• Generates a report that will display a summary of employee’s which no account no. 

• Provides option to save all reports in PDF or HTML format;

• Provides On-Line Help 

Reports Generated

• Payroll

  • Payslip

  • Register

  • Bank Summary

  • Cash Denomination

  • Payroll Summary

• Bonus

  • Payslip

  • Register

  • Bank Summary

  • Cash Denomination

• 13th Month Pay

  • Payslip

  • Register

  • Bank Summary

  • Cash Denomination

• PAYROLL JOURNAL

  • By Account Code

  • By Level Code

• History Report

  • Adjustment 

  • Deduction 

  • Leave

    • Leave Filing

    • Leave Conversion

  • Loan 

  • Overtime 

  • Other Taxable Income

  •  Non-Taxable Income

  • Bonus

  • 13th Month

  • Salary Increase

  • Absences 

  • Tardiness

  • Undertime

  • Withholding Tax

  • SSS/EC

  • PHIC

  • Premium Contribution

  • Employees Net Pay

  • Payroll

  •   Bonus

  • 13th Month

• BIR Reports

  • Monthly Remittance

  • 2316 (formerly Form W-2)

  • Income Tax Return (ITR)

  • Alphalist (1604)

  • Expanded Withholding Tax

  • Monthly Remittance 

•  Certificate of Creditable Taxes Withheld at Source (2307)

•  Annual Gross Income & Tax Withheld Report

• SSS Report

  • Monthly Remittance

  • Transmittal Report

  • Monthly/Quarterly Report (R-3) / NR3001 DK Diskette

  • Payment Return (R-5)

  • SSS Loan Repayment 

  • Loan Transmittal List

  •  Collection List

• Payment Return

• PHIC Reports

  • Transmittal Letter

  • Contribution Payment Return (M-5)

  • Employer Month/Quarterly Remittance (RF-1)

• Pag-IBIG Reports

  • Membership Remittance Report

  • Monthly Remittance

  • Quarterly Collection List

  • Pag-IBIG Loan Remittance