Greythr Accounting Software

1. Payroll Management

• Automated Payroll Processing: Automates salary calculations, deductions, and disbursements based on company policies.
• Tax Calculations: Computes accurate tax deductions (e.g., PF, ESI, income tax) based on employee data and regulations.
• Payslip Generation: Instantly generates and shares payslips with employees via email or app, ensuring transparency.

2. Leave and Attendance Management

• Leave Requests and Approvals: Employees can request leave through the app, with automatic approval workflows.
• Attendance Tracking: Integrates with biometric devices or mobile apps to track attendance.
• Leave Balance Tracking: Keeps track of annual, sick, casual, and other leave balances for each employee.

3. Employee Self-Service Portal

• Personal Information Management: Employees can update personal details and contact information at any time.
• Payslip Access: Employees can access their payslips, tax forms, and leave records through the portal.
• Request and Approvals: Employees can request leaves, submit claims, and seek approvals directly from the portal.

4. Expense Management

• Claim Submission: Employees can submit their reimbursement claims (travel, food, etc.) directly through the app.
• Approval Workflow: Managers can review and approve claims, with automated processing for payouts.
• Expense Reports: Generate detailed reports for company-wide expense tracking and budgeting.

5. Tax and Compliance Management

• Tax Calculations: Ensures correct tax calculations (TDS, income tax) based on employee data.
• Automated Tax Filing: GreytHR e-files tax returns and generates reports like Form 16, 24Q, etc.
• Statutory Compliance: Ensures compliance with labor laws (PF, ESI, Gratuity, etc.) by automating statutory report generation.

6. Employee Data Management

• Centralized Database: Keeps all employee records in a secure, centralized location for easy access and management.
• Document Management: Employees and HR can upload and manage essential documents like ID proofs, bank details, and contracts.
• Custom Fields: Ability to create and manage custom fields to store relevant employee-specific data.

7. Performance Management

• Goal Setting and Tracking: Employees can set goals, track progress, and receive feedback through the system.
• 360-Degree Feedback: Managers and peers can provide feedback to employees for holistic performance reviews.
• Appraisal Management: Simplifies the process of managing employee appraisals and promotions with automated workflows.

8. Recruitment Management

• Job Posting and Tracking: Post job openings and manage applications through the system.
• Candidate Evaluation: HR can evaluate candidates, track interview stages, and maintain communication through the platform.
• Offer Letter Generation: Automatically generates and sends offer letters to selected candidates, streamlining hiring.

9. Reports and Analytics

• Payroll Reports: Generates comprehensive payroll reports, including salary breakdowns, deductions, and tax liabilities.
• Leave and Attendance Reports: Tracks employee attendance and leave usage to help with workforce planning.
• Custom Reports: Allows businesses to create customized reports based on their unique data needs.

10. Mobile App Access

• Employee App: Employees can access their payroll, leave balances, and performance reviews from anywhere.
• Manager App: Managers can approve leaves, track attendance, and manage team performance directly from their mobile devices.
• Push Notifications: Sends real-time notifications for payroll processing, leave requests, and other updates.

1. Team Collaboration Tools

• Internal Communication: Facilitates easy communication between team members through the platform.
• Collaborative Project Management: Enables teams to collaborate on projects and track progress efficiently.

2. Employee Onboarding

• Online Documentation: New employees can complete their onboarding documentation through the platform.
• Training and Orientation: Provides access to training materials and orientation resources for new hires.

3. Shift Management

• Shift Scheduling: Allows managers to create and manage employee shift schedules.
• Shift Swap: Employees can request shift swaps, which can be approved by managers directly through the system.

4. Contractor Management

• Contractor Onboarding: Manages contractor documentation and onboarding processes seamlessly.
• Payments and Compliance: Automates payments and ensures that contractor payments comply with tax regulations.

5. Customizable Workflows

• Approval Workflows: Customizable approval processes for leaves, expenses, and other HR-related tasks.
• Document Approval: Set up approval workflows for HR documents to ensure compliance and timely processing.

6. Workforce Scheduling

• Advanced Scheduling: Plan and schedule shifts, time off, and employee availability efficiently.
• Overtime Tracking: Tracks overtime hours and ensures compliance with company policies and labor laws.

7. Employee Engagement

• Surveys and Polls: Conduct employee surveys and polls to gauge satisfaction and gather feedback.
• Engagement Activities: Allows HR to plan and execute employee engagement activities and track participation.

8. Learning and Development

• Training Modules: Provides a library of training materials and tracks employee progress.
• Skill Development: Allows employees to create personal development plans and track their skills improvement.

9. Data Security and Compliance

• Secure Data Storage: Ensures that all employee data is stored securely with encryption and backup protocols.
• GDPR Compliance: Adheres to GDPR and other privacy regulations, ensuring that personal data is managed appropriately.

10. Customizable Dashboards

• Personalized Dashboards: Allows users to create customized dashboards to quickly access important information.
• Real-Time Data: Displays real-time data on employee attendance, payroll, and performance metrics for efficient decision-making.

1. Automated Tax Calculations

• GreytHR automatically calculates employee tax deductions based on the latest tax laws, ensuring accuracy.
• The platform adjusts for state, federal, and local tax rates, removing manual errors in tax calculations.

2. E-filing of Tax Returns

• GreytHR simplifies the process of tax return filing by automatically generating and submitting tax documents like Form 16, TDS returns, and other necessary forms.
• It provides timely reminders to ensure compliance with tax deadlines.

3. Tax Deduction at Source (TDS) Management

• The software calculates TDS deductions for employees and contractors based on their salary structure.
• GreytHR generates TDS reports and helps manage TDS payments and filings seamlessly.

4. Income Tax Computation

• GreytHR assists with accurate income tax computation by considering exemptions, deductions, and other variables in employees’ tax profiles.
• The platform provides a detailed tax breakdown for employees, ensuring transparency.

5. Tax Reports and Documentation

• GreytHR generates comprehensive reports that offer a clear overview of tax liabilities, deductions, and payments made throughout the year.
• These reports are easily accessible for tax filing, auditing, and employee reference.

6. Payroll Integration for Tax Compliance

• GreytHR integrates seamlessly with payroll systems, ensuring tax calculations are made automatically alongside salary processing.
• It ensures that all tax-related deductions are up-to-date and aligned with payroll schedules.

7. Tax Withholding Adjustments

• The platform allows employees to update their tax withholding preferences through self-service, enabling correct adjustments to their tax deductions.
• It supports exemptions, rebates, and deductions to ensure accurate tax withholding.

8. GST Filing Integration

• GreytHR integrates with GST filing tools to automate the calculation and filing of Goods and Services Tax (GST) returns.
• It tracks GST liabilities and provides detailed reports for filing and compliance.

9. Quarterly and Annual Tax Filing Support

• GreytHR automatically compiles and generates necessary tax forms for quarterly and annual filings, such as Form 24Q, Form 26Q, and Form 16.
• It ensures all documents are filed on time, avoiding penalties and late fees.

10. Tax Compliance Alerts

• The system sends real-time notifications and alerts for key tax deadlines, ensuring no tax filing or payment is missed.
• Alerts for tax law changes help businesses stay up to date with evolving compliance regulations.

1. Payroll Automation

• Automates the calculation of salaries, bonuses, and deductions based on predefined payroll structures.
• Ensures timely and accurate salary disbursements by integrating directly with employees' bank accounts.

2. Tax Filing and Compliance

• Manages tax calculations, deductions, and e-filing of forms like TDS, Form 16, and other required tax documents.
• Provides timely alerts and reminders to ensure compliance with local, state, and federal tax laws.

3. Employee Self-Service Portal Setup

• Sets up a secure self-service portal for employees to access their pay stubs, tax forms, and other payroll records.
• Allows employees to update personal details, tax withholdings, and view benefits or deductions.

4. Time and Attendance Integration

• Integrates time-tracking tools with GreytHR to accurately capture employee work hours, overtime, and absences.
• Ensures proper calculation of work hours, overtime pay, and holiday pay in line with company policies.

5. Employee Benefits Management

• Manages employee benefits such as health insurance, retirement plans, and flexible spending accounts (FSAs).
• Calculates and processes benefit deductions automatically to ensure compliance with tax regulations.

6. Multi-State Tax Compliance

• Manages payroll and tax filings for employees working in multiple states, adjusting for varying tax rates and regulations.
• Ensures compliance with local tax laws by automatically applying state-specific tax deductions and filing requirements.

7. Tax Reports and Documentation

• Generates detailed tax reports that break down employee earnings, deductions, and tax payments throughout the year.
• Provides access to tax documents like Form 16, TDS certificates, and payroll summaries for easy reference and filing.

8. Onboarding and Offboarding Support

• Facilitates the seamless addition of new employees to the payroll system, including tax and benefit enrollment.
• Handles all aspects of offboarding, including final pay calculations, tax settlements, and exit documentation.

9. Contractor Payment Management

• Manages payroll for contractors, including 1099 filings and ensuring the correct tax treatment of contractor payments.
• Ensures compliance with contractor tax laws, including tax deductions and payments.

10. Ongoing Payroll Support and Consultation

• Provides continuous support for all payroll-related queries, adjustments, and inquiries from employees or employers.
• Offers expert consultation on payroll management, tax optimization, and benefits administration for businesses of all sizes.

• Expert Tax Knowledge: Accounts Junction has specialized expertise in handling complex tax requirements, ensuring that you stay compliant with tax laws while maximizing deductions and credits.
• Tailored Services: We understand the unique needs of different industries, providing personalized taxation services. Whether you're in retail, services, or any other sector, Accounts Junction can design a tax strategy that aligns with your business.
• Efficient Tax Filing: Accounts Junction helps streamline the tax filing process, ensuring that all necessary documentation is accurate and submitted on time, reducing the chances of errors or penalties.
• Proactive Tax Planning: The team helps you plan ahead for your tax liabilities, offering strategies that minimize your tax burden and improve your financial position over the long term.
• Use of Technology: Accounts Junction integrates advanced software tools like QuickBooks for better tax management, providing automated reports and real-time insights into your financial health.
• Audit Support: In case of an audit, Accounts Junction provides expert support, helping you navigate the complexities and ensuring that all your tax filings are in order.
• Time-Saving: By outsourcing your tax needs to Accounts Junction, you can focus on growing your business while leaving the tax-related tasks in the hands of professionals.
• Confidentiality and Security: Accounts Junction takes the privacy and security of your financial data seriously, offering peace of mind that your information is protected.