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The Accord Payroll System provides maintenance and historical tracing of employees along with the control of cheque writing, government reporting, and tax reporting.
The system is tailored to each company’s needs through parameters defining earnings, benefits, and deductions categories, tax tables, departments, and report formatting.
Transactions may be automatically generated for fast payroll preparation, or entered from employee time sheets. Cheques may be quickly edited, reviewed, and amended prior to printing. Unlimited multiple pay periods are supported. Automatic cheque cancellation simplifies an otherwise cumbersome procedure. Electronic funds transfer, adhering to the specifications of major banking institutions using remote job entry, is also available.
"Payroll" is part of the Accord Integrated Accounting line of products, developed by Accord Software.
Accord Integrated Accounting is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.