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About
The NextArrear app introduces a new doctype named 'Salary Arrear', which is essential for calculating salary arrears accurately. Once the required fields are entered, the app fetches the relevant salary components, including 'Earnings', 'Deductions', and 'Salary Slips', and performs the net calculation of arrears.
Automated Salary Component Fetching π
Automatically fetches salary components such as 'Earnings', 'Deductions', and 'Salary Slips' once the required fields are entered.
Net Arrear Calculation π
Provides a detailed calculation of net arrears, ensuring accurate and transparent payroll processing.
User-Friendly Interface π₯οΈ
Easy-to-use interface designed for seamless navigation and quick data entry.
Real-Time Data Sync π
Ensures real-time synchronization of data, keeping your payroll records up-to-date.
Detailed Reporting π
Generate detailed reports on salary arrears, aiding in better financial management and auditing.
Efficiency and Accuracy β
Automates the arrear calculation process, reducing manual errors and saving time.
Transparency π
Provides clear and detailed breakdowns of earnings and deductions, ensuring transparency for employees and payroll administrators.
Improved Financial Management πΌ
Helps in maintaining accurate financial records and aids in effective budgeting and financial planning.
Enhanced Compliance π
Ensures that all calculations comply with regulatory requirements and company policies.
Time-Saving β±οΈ
Significantly reduces the time required to calculate arrears, allowing HR and finance teams to focus on other critical tasks.
Navigate to the 'Salary Arrear' doctype and enter the required fields.
Fetch Salary Components π
Once the required fields are filled, the app automatically fetches the 'Earnings', 'Deductions', and 'Salary Slips'.
Calculate Net Arrears π
Save the entry to generate the net calculation of arrears, which includes all necessary components.
Review and Approve β
Review the calculated arrears and make any necessary adjustments before final approval.
With NextArrear, streamline your payroll processes, ensure accuracy, and enhance financial management with ease.
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