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What is PY Payroll?

A vast array of payment options exists, including regular, hourly, salary, and overtime rates, each defined by specific start and end dates. Payment configurations can be tailored to fit designated limits, taking into account pay periods and year-to-date (YTD) calculations. Employees are permitted to have an unlimited number of deductions, which can be scheduled monthly, annually, per pay period, or quarterly, while also ensuring compliance with limits related to pay periods, YTD, and lifetime deductions (LTD). The system efficiently calculates and collects any owed arrears, and users can take advantage of direct deposit for these deductions. Retirement plans like employer-sponsored 401K and 403B options are fully integrated, with adherence to all federal, state, and local tax requirements, including deductions for Social Security and Medicare. Additionally, the platform systematically manages calculations for FUTA and state unemployment taxes. A table-driven framework is utilized to monitor entitlement accruals for vacation days, holidays, floaters, and other approved leaves, with automatic enrollment for eligible employees based on criteria such as seniority or hire date. An exhaustive audit trail captures all accrued benefits along with the time associated with LTD. Moreover, all benefit plans, including medical, dental, and insurance, are designed through a table-driven approach, ensuring that employer contributions are accurately calculated and reported. This thorough framework not only provides clarity regarding financial responsibilities but also fosters transparency in entitlements for both employees and employers. Ultimately, this level of organization enhances workplace satisfaction and trust in the payroll process.

What is Able Payroll?

Able Payroll is an efficient software solution tailored for managing payroll processes seamlessly. Specifically designed for Windows operating systems, it adheres to the tax laws and labor regulations of PNG. By taking advantage of its extensive features, businesses can significantly boost their operational efficiency while integrating the system into their existing workflows. A notable element of Able Payroll is its licensing structure, which requires a separate license for each company file. Every October, an automatic billing occurs for all users to cover the annual maintenance costs. The software simplifies tax calculations using the PNG Tax Tables for salaries and wages, providing accurate figures for various payment situations, such as fringe benefits, termination pay, leave pay, and retroactive payments. Furthermore, it supports multiple pay frequencies, allowing for flexibility to meet a variety of payroll requirements. To further enhance the payroll process, users have the option to establish a standard pay for employees, which creates a reference template for future payroll calculations, thus minimizing the time and effort needed for pay processing. This feature not only boosts productivity but also guarantees uniformity in payroll management throughout the organization. Ultimately, Able Payroll promotes a more streamlined and reliable payroll experience for businesses of all sizes.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

EmpowerFinancials

Company Location

United States

Company Website

www.empowerfin.com

Company Facts

Organization Name

Able Home and Office

Company Location

Papua New Guinea

Company Website

able.com.pg/able-payroll.html.html

Categories and Features

Payroll

401(k) Tracking
Benefits Management
Check Printing
Deductions Management
Direct Deposit
Reporting/Analytics
W-2 and 1099 Preparation

Categories and Features

Payroll

Not specified

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