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The RTS-Advantage Payroll module brings a new level of flexibility to the payroll process. It can handle everything from the simplest to the most complex payroll applications. It can be used stand-alone or integrated with General Ledger, Job Cost and Bank Reconciliation.
Pay can be computed for hourly, salary, commissioned and contract employees. Deductions can be established for taxes as well as elective benefits. Deductions can be flat amounts or can be calculated through user-defined tables. Deduction tables for federal and all state taxes are supplied with the software.
The module computes and tracks not only employee deductions, but also employer costs for FUTA, SUI/SDI, worker’s compensation and employee benefits such as sick and vacation time. It also allows for personal deductions and the number of dependents to differ between employees. Multiple state and locality taxing can be processed with ease. Up to 255 different union dues calculations can be handled.
Additional employee information may be retained, such as comments on promotions or probation, review instructions and any statements that are not part of the regular employee data. An unlimited amount of data can be entered for each employee.
"RTS-Advantage Payroll Module" is part of the Roundtable Software Advantage Accounting System line of products, developed by Roundtable Software.
Roundtable Software Advantage Accounting System is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.