Processing Payroll

CoinTrack Pro automates payroll computation based on employee schedules, attendance, and configured rates — reducing errors and saving time.

Payroll Steps

1. Go to Payroll > Process Payroll
2. Select the pay period (e.g., March 1–15)
3. Review attendance records and ensure all time entries are finalized
4. Apply any manual adjustments or additional earnings
5. Click Compute Payroll to generate the payroll run
6. Review the computed payroll — check each employee's breakdown
7. Click Approve Payroll to lock the run
8. Generate payslips and export the bank disbursement file

Payroll Components

• Earnings: Basic pay, overtime pay, holiday pay, night differential, allowances, bonuses
• Deductions: Absences, tardiness, SSS, PhilHealth, Pag-IBIG, withholding tax, loan amortizations
• Net Pay: Total earnings minus total deductions

Pay Types Supported

• Monthly Rate: Fixed monthly salary divided by pay periods
• Daily Rate: Pay based on actual days worked
• Hourly Rate: Pay based on actual hours worked