Configure salary structures once. Octal HR handles social security, income tax, loan deductions, and payslip generation automatically — month after month.
Define salary components once in settings. Each month, the system calculates every employee's gross and net pay automatically — including all deductions. You review, approve, and distribute. That's it.
Create unlimited salary components — basic pay, house rent, medical, utilities, conveyance — with fixed or percentage-based values per designation.
Select the pay period (monthly, bi-weekly, custom), include all employees or a department subset, and let the system calculate everything — including attendance-based deductions.
Review the payroll summary, approve with multi-level sign-off, generate payslip PDFs, and export bank transfer files — all in one workflow.
Define unlimited earnings (basic, housing, medical, utilities, bonuses) and deductions (social security, tax, loans, absences). Assign different structures per designation or department.
Income-tax slabs, social security (employer + employee), and statutory contributions calculated automatically every month. Updated with each budget.
Generate professional PDF payslips for all employees at once. Employees can download their own payslips from the self-service portal — no email distribution needed.
Export payroll disbursement files in formats compatible with all major banks and international standards (ISO 20022, SEPA, ACH, SWIFT). Ready to upload directly.
Multi-level payroll approval — HR prepares, Finance reviews, Management approves. Full audit trail of who approved what and when. Status: Draft → Processed → Exported.
Process mid-month adjustments, salary revisions, bonus payments, and arrears without re-running the full payroll. Add ad-hoc earnings or deductions per employee.
Payroll automatically deducts pay for unauthorized absences and late arrivals based on attendance records. No manual calculation required.
Every payroll run is stored permanently with gross, net, and all components per employee. Filter and export any period's payroll data for accounting or audits.
Push payroll journals directly to Octal Accounts with one click. Payroll costs are automatically categorized by department and cost centre in your chart of accounts.
Every employee gets a detailed, professional payslip showing all earnings and deductions line by line. PDFs are generated in bulk or individually — and available for employees to download from their portal.
Setup takes less than 10 minutes. Import employees, configure salary structures, and process your first run.