Yes. Ascent Payroll comes with an unique
expression builder, wherein you can enter appropriate formula for that
allowance and it will be applicable for all the employees in that grade.
Yes. Ascent Payroll allows to configure leave
encashment parameters. At the time of payroll processing, you have to
enter only days and system will take care the rest.
Ascent payroll allows you to configure Income Tax
Parameters. However, there are certain amendments that can not be handled
through Income Tax parameters. In that case we send service pack to our customers under contract.
Ascent allows you to configure Salary JV the way
you want. However, you can not design the output format through Ascent
Payroll. In this case, you have two options. Either you can enter Salary
JV manually in your finance package or we can customize this as per contract.