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The Payroll module maintains all information on your employees. This includes keeping track of sick and vacation hours accumulated and used during the year.
Each employee record includes a Human Resources information page where you may enter notes relating to job history and performance reviews.
The Payroll module allows for calculation of two additional local withholding taxes in conjunction with the Federal and State withholdings. Earned Income Credit calculations are also included as an option.
You may create an unlimited number of deductions and miscellaneous compensations to assign to employees. Deductions and miscellaneous compensation may be calculated as taxable or tax exempt.
VAST’s Payroll module includes a Direct Deposit function. Direct Deposit requires the activation of a National Payment Corporation account. The interface for deposit transmittal to National Payment Corporation is already included in the Payroll module.
"Payroll" is part of the VAST Accounting Professional line of products, developed by VAST.
VAST Accounting Professional is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.