Zoho Payroll Description
Zoho Payroll is a solution designed to simplify your payroll processing and save you valuable time that can be spent on growing your business. With its comprehensive features, Zoho Payroll automates salary, tax, and deduction calculations, ensuring compliance with tax and labor laws for businesses in India, UAE, and USA. This user-friendly software offers direct salary deposits through partner banks and convenient employee self-service portals with mobile apps. Moreover, it allows for flexible salary configurations, user access control, and salary revisions with customizable approval flows. Zoho Payroll seamlessly integrates with other Zoho products, such as Zoho Books and Zoho People, providing a complete payroll ecosystem for your business.
In India, Zoho Payroll caters to various tax requirements, including Income Tax, Employee Provident Fund (EPF), Employee State Insurance (ESI), Labour Welfare Fund (LWF), and Professional Tax for each state. The software offers pre-formatted reports for easy return filing and enables online salary payments through direct deposit integrations with ICICI Bank, YES Bank, and HSBC. Employees can conveniently submit their investment proofs and reimbursement claims through the employee self-service portal.
In UAE, Zoho Payroll takes care of pension, end-of-service benefits, and Wages Protection System (WPS) compliance. It automatically calculates pension deductions for GCC nationals and gratuity for expats, considering their contract type, separation type, and free zones. The software also generates SIF files for quick and effortless WPS submission.
For businesses in the USA, Zoho Payroll guarantees compliance with all federal and state taxes. It handles federal taxes like FUTA, FIT, and social security, along with state taxes and unemployment taxes (currently offered in select states). The software also enables online paystub generation and payments through Forte direct deposit integration.
With Zoho Payroll, you can automate and streamline your payroll processes by delegating tasks, setting up approval flows, and automating calculations. The software offers multiple accessibility options, customizable salary structures, and the flexibility to exclude employees from pay runs or run payroll on a different date. Say goodbye to manual payroll processing and embrace the efficiency and accuracy of Zoho Payroll for your business.