Presentation on theme: "iNextGen IT Solutions Pvt. Ltd."— Presentation transcript:
1 iNextGen IT Solutions Pvt. Ltd. Where Business & Technology meetiNextGen IT Solutions Pvt. Ltd.F – 1898, South Extn. – I, New Delhi ––Web Site – www. inextgen.in
2 About iNextGen IT Solutions Pvt. Ltd. Since its inception iNextGen has come a long way, From a ‘me too’ company, we have been able to create niche for ourselves in this fiercely competitive environs. iNextGen IT offers the combined strengths of usability, reliability and efficiency.iNextGen is having adequate office - space and equipped with latest infrastructure facilities. It comprises a core team of software professionals and other outsourcing personnel.The Company is currently working with cross – functional teams; e.g. relationship management, marketing, technical, programming and administration.the Company has established reputation in the market by providing quality services.iNextGen promoters are well equipped with their skill in various fields and establish it as a leading business solution provider, specializing in HR, Payroll and Taxation domain.
3 About iNextGen IT Solutions Pvt. Ltd. The main focus of the Company is to perform according to the customer’s thought i.e. “customization”.“Time & speed” is the decisive factor to achieve success in the current and future business market. Technical excellence in the quality of software and continuous pro-active support is at the core competence of the Company.The Company has developed various range of software application e.g. Payroll Management System, HR - Human Resource Management System, TDS Software, Financial Accounting System etc.We transform the business capability of our clients, by combining proven expertise in technology and skills in harnessing the knowledge of selected industries and business processes. We provide the state-of-the-art technology solutions that range from enterprise solutions to Internet applications. We already have clients like Sahara Global, IGNCA (Ministry of Culture), Electrolux, Hotel Le Meridien, EPC Global, Lanco, Domino, dunnhumby, Swiss Embassy, Nihon Denkei, Turner, D S Group and so many in a short period of our existence.
4 iNextGen IT Solutions Pvt. Ltd. Areas Of ServicesSoftware DevelopmentWeb DevelopmentOutsourcing Processes
5 iNextGen IT Solutions Pvt. Ltd. The Company has developed various range of software’sPayroll Software (PayGuru)TDS Software (iTDS)Financial Accounting SoftwareHR SoftwareProduction Planning and Control SystemSchool Management SoftwareFixed Assets SoftwareWebsite Design and MaintenanceClinic Softwaremany more……….
6 iNextGen IT Solutions Pvt. Ltd. The Company also provides Following outsourcing solutionsPayroll OutsourcingAccounts OutsourcingIncome Tax E- FilingDigitalization Of DocumentsData entry ServicesAll Hardware and Software Services
8 PayGuru An Advanced Payroll Software Payroll is an important activity in any organization. With iNextGen “PayGuru”, it is possible to maximize the potential of HR and Accounts through timely and accurate Salary Processing, efficient handling of Reimbursements, Loans /Advances and statutory requirements including PF, ESIC, TDS, Leaves, Bonus and Gratuity reports.
9 PayGuru An Advanced Payroll Solution The iNextGen PayGuru AdvantageProven Product with over a decade of researchDomain knowledge gathered from leading industry expertsSuccessfully running at multiple Sectors & locations100 % Customizable to meet your specific needsWindows based payroll softwareWith multi companyWith Multi Locations / StatesWith Multi user
10 PayGuru An Advanced Payroll Solution PayGuru is more than 10 years old product of iNextGen. PayGuru is developed with valuable inputs from leading experts in HR from top MNC's and Indian Corporates. Over the years we have implemented PayGuru at some of the most demanding customers in India and with their inputs PayGuru now has features that are rarely seen in other products. Today it is one of the best Payroll Software in India.
11 PayGuru An Advanced Payroll Solution Special FeaturesCompletely Masters Driven Payroll SoftwarePowerful and Flexible Business Logic to suit any kind of organization.Powerful and Flexible Organizational Structure ModuleMulti Company Multi Location SoftwareWindows based Easy- to- use SoftwareDifferent versions to suit different client requirementsPowerful reporting capabilitiesFacility to export reports to PDF and Word FormatsFacility to import / Export with ExcelFacility to Salary SlipsFloppy Generation for reports
12 PayGuru An Advanced Payroll Solution Special FeaturesReport CodesPowerful Reporting ToolFacility to export all ReportsPowerful Security ModuleBack up and Restore ModuleReport DesignerAlertsCentralized Documents ManagementFacility to Scan photographs and Signatures
13 PayGuru An Advanced Payroll Solution CustomizationsPayGuru is 100% customizable. In case you have any special needs iNextGen can customize Software as per your specific needs at a nominal cost. In case you require any special report specific to your organizational needs that too can be done.
14 Implementation Support PayGuru An Advanced Payroll SolutionImplementation SupportMaster Entry / Business Policies Entry SupportEmployee Masters Entry SupportData Entry Support Data Porting Support
15 PayGuru An Advanced Payroll Solution Training SupportiNextGen provides extensive Training to all users to get up to speed in the shortest possible time. iNextGen proven and tested Training Methodology helps you in understanding the numerous features in PayGuru. At the start of the implementation iNextGen charts out the Training Map and by the end of Implementation users gain valuable expertise of the usage of the software.aa
16 PayGuru An Advanced Payroll Solution MaintenanceAfter iNextGen completes Implementation and Training of all uses free Maintenance starts for a fixed period. iNextGen shall take care of any queries you may have during this period. The free Maintenance period lets you get settled down in the software. After you have developed confidence in the software and had a few months successful usage of PayGuru encourages you to sign up for the paid Maintenance. Here you get cost effective support on a annual basis along with new versions and updates.
17 PayGuru modules are categorized as PayGuru An Advanced Payroll SolutionPayGuru modules are categorized asRules And RegulationEmployee DetailsReportsStatutory ReportsMaster ReportsAdminMaster PrintingHelp
18 PayGuru An Advanced Payroll Solution MasterEmployee DetailsDepartmentsLocationPayment TypeCategoryStateFamily Nominee DetailsParameter SetupOrganization Set UpPayroll Processing ParametersStatutory Information (PF / ESI Rates & Charges setup)Payslip Setting (Payslip Customization)Earning Heads (Unlimited user defined Earning Components)Deduction Heads (Define Like Earning Components)Reimbursement Heads (Define Like Earning Components)Leaves Type (Setup for EL / CL / SL Leaves rules)Professional Tax (Setup for Professional Tax Slabs)
19 PayGuru An Advanced Payroll Solution TransactionAttendance (Can be import from Excel or Attendance Machine)Loan (Multiple Loans shall be taken care)Overtime (Overtime Payment shall be calculate Single / Double)Reimbursement (with Monthly / Quarterly / Half Yearly / Yearly option)Arrear (Back Date Increment Arrears generation)Earning / Deductions (Monthly Fixed Earning / Deductions)Statutory Deposits (PF / ESI / TDS Deposits)TDS Details (TDS Calculation Module)ProcessPayroll Calculation (for process the current month payroll)Deduction CalculationPF CalculationVPF CalculationESI CalculationLoan CalculationInterest CalculationOT CalculationPF ArrearsESI ArrearsBonus CalculationGratuity CalculationNew Month For Payroll (Freeze the processed month)
20 PayGuru An Advanced Payroll Solution General Payroll ReportsPayslip (Option Print with or Without Tax Computation)Payslip YTD (Full Year Employee Payslip)Salary Register (Salary Register with Journal Voucher option)Payment Register (Cash / Cheque / Bank / Draft Letters)Earning Deduction Statement (With Head selection)Salary Register in Excel (an Ultimate query to generate reports)LeaveLeave Ledger (Employee wise Detailed Leave records)Leave Register (Employee wise Leave register)OTOvertime Register (Overtime calculation as per setup)Post Overtime (Overtime post in Salary, if required)LoanLoan Ledger (Employee / Head wise Loan Details)Loan Register (Employee / Head wise Loan register)Interest Calculation (Interest calculation on Loan given to Employee)Post Interest to Loan Register (Post Interest in Employee loan Ledger
21 PayGuru An Advanced Payroll Solution ReimbursementReimbursement Ledger (Employee / Head wise Details)Reimbursement Summary (Employee / Head wise Register)Unpaid Voucher (End of the Year Unpaid vouchers report)PersonalDate of Birth (Date of Birth Listing Employee / Month wise)Employee History (Employee Growth chart)List of Employees (Current working Employee List)Left Employees (Left Employees List between dates / Department wise / Location wise / State wise / Category wise)Department Strength (Department wise Male / Female Strength)Salary Entitlement (Employee wise Cost to Company report)Full & Final settlement Sheet (Employee Full & Final Sheet)Due for Retirement (Due for retirement list)Employees Not confirmed (Employees on Probation List)PF Eligibility RegisterIncrement due ListDate of Joining (Date of Joining wise Employee List)Employee DetailsAnniversary Report
22 PayGuru An Advanced Payroll Solution Statutory ReportsESIMonthly Deduction Statement (Employee wise Employee / Employer Share and Wages Calculation)Deposit Challan (Monthly)Form 5 (ESI Half Yearly Return)Form 6 (ESI Half Yearly Return)Form 3 (ESI Nomination Form)PFForm 5 (Monthly New Employees PF Form)Form10 (Monthly Left Employees PF Form)Form 12A (Monthly PF Return)PF Deposit Challan (Monthly)Form 3A (PF Yearly Return)Form 6A (PF Yearly Return)PF Data for PF Department (PF Date in DBF Format)Form 2 (PF Nomination form)Form 10C (PF Withdrawal Form)Form 19 (PF Withdrawal Form)
23 PayGuru An Advanced Payroll Solution Statutory ReportsBonusBonus Calculation (Option for Selection of Bonus %, Maximum Salary for Eligibility and Bonus Calculation)Bonus payment Register (Form C)Bonus Summary (Employee wise Bonus List)Post Bonus in Paycard (Bonus posting in Salaries)Reconciliation of Bonus (Previous & Current Bonus reconcile)TDSPay Card (Employee / Head / Month wise Details)Tax Computation Sheet (Employee wise TDS Calculation Sheet)Form 16 (Employee wise Form16)Form 12BA (Employee wise Form12BA)Form 24Q (Quarterly TDS e – Return)Form 27A (Quarterly TDS e – Return)TDS Deduction Report (Employee wise Monthly TDS deduction)Head wise Listing (Employee / Head wise Total/Taxable Amount)Pan Validation report (Employees Invalid Pan Listing)
24 PayGuru An Advanced Payroll Solution Company Selection Screen
25 PayGuru An Advanced Payroll Solution Employee Master Screen
26 PayGuru An Advanced Payroll Solution TDS Calculation Screen
27 PayGuru An Advanced Payroll Solution Loan Entry Screen
28 PayGuru An Advanced Payroll Solution Reimbursement Calculation Screen
29 PayGuru An Advanced Payroll Solution Payslip Printing
30 PayGuru An Advanced Payroll Solution Payslip with Tax Computation Sheet
31 PayGuru An Advanced Payroll Solution PF Deposit Challan
32 PayGuru An Advanced Payroll Solution ESI Deposit Challan
33 PayGuru An Advanced Payroll Solution TDS Form16
34 PayGuru An Advanced Payroll Solution TDS Form12BA
36 iTDSOverview To discharge the onerous statutory liability of tax deduction at source, the person responsible for tax deduction at source has to be aware of his responsibilities and the manner in which they are to be carried out. However, the relevant guiding material on the subject of tax deduction is widely scattered making the task of tax deduction at source rather arduous. For the first time, you can relax and let this package take care of all your worries about tax deduction at source, or the payee, or a person in the tax profession or even an official in the tax department.
37 iTDSiTDS Software package has been designed and developed keeping in view the problems relating to tax deduction at source. Problems include how much tax is to be deducted, when to deposit this, what forms are to be issued to payee, what are the reports to be submitted to authorities, etc. this package takes care of all these problems and an online help regarding ACT/CIRCULARS/RULES is also displayed whenever required. Apart from this, care has been taken for calculation of tax on salaries. In nut shell : this package * seeks to address, to the best of its ability, all problems relating to TDS and *the generation of returns to be filed*
38 iTDSFeaturesiTDS provides the user with the easy to use interface for maintaining the TDS details. It provides the following advantage to its users:Easy to use & user-friendly software.Multiple Company databaseSecured login facility is available for extended security.Software also provides facility for providing user-defined access to the users of this software.Import Data from excel to TDSBackup/ Restore of DataOther features like Delete Temporary Files, Compact Database are provided for efficiency purpose.
39 iTDSFeaturesCompliant with the latest format prescribed by the Income Tax Department.Validation as per NSDL File validation Utility.A detail of pending entries for which tax has not been deposited is available.Generation of TDS certificates i.e. Form 16, 16A, 12BAUser can now generate both Electronic as well as Print Copy of Form24, Form26 and form27.Generation & Printing of Form 27A.Automatic Checks to ensure that Data is as per the prescribed format of Department.Enhanced editable options have been provided so that the data can be modified at any instance of time.Search utility & more detailed reporting that suits the needs of the users
40 iTDS software modules are categorized as MASTERTRANSACTIONReportsAdminToolsHelp
41 iTDS MASTERS Employee Master Party In this option user has to enter the basic details of the employee, viz., Employee Code (it can be numeric, character or a combination of both), Employee’s name, address, PAN Number, Father/Husband’s Name, Gender, Designation, Date of birth, Date of joining, Date of leaving etc.PartyIn this option user has to enter the details of parties of different sections (other than salaries), viz., Party Code, Party name, Party Address, PAN Number, Under Section (user has to select the relevant section which the party belongs to, user can select more than one section also), Status (select from the list i.e. Individual / Company), Issue Form 16 A as (Yearly or Monthly), No TDS certificate received (Yes or No), Lower TDS certificate received (Yes or No) etc.
42 iTDS TRANSACTIONS Salaries Personal Details Salaries SalariesPersonal DetailsSalariesPervious Employer SalaryAllowancesPerksIncome from House PropertyIncome from other SourcesGross Total IncomeSection 80c SavingsSection 88 SavingsTaxable IncomeTaxEducation CessHigher Education CessTotal Tax to be DeductedAlready Deducted by usAlready Deducted by othersPer Month Deduction
43 iTDS TRANSACTIONS Other Than Salaries Interest on securities Other Than SalariesInterest on securitiesInterest other than interest on securitiesWinnings from lotteries or crossword puzzlesWinnings from horse racesTo contractors or sub-contractorsInsurance commissionTo Non-resident sportsman or sports associationCommission, Etc, on sale of lottery ticketsCommission or BrokerageRentFees from professional/Technical servicesIncome in respect of unitsOther sums payable to non residentsIncome from foreign currency bondForeign Institutes Investors from securities
61 Outsourcing Solutions iNextGen offers expert services of outsourcing which incorporate the complete range of accounting, finance, business process outsourcing and tax preparation. Our "service delivery model" or outsourcing methodology provides clients with an opportunity to improve business processes while delivering them at substantially lower costs.
62 Outsourcing Solutions At iNextGen, we believe a company should have more power over its single largest expense. Our comprehensive methodology brings efficiencies to payroll processing at the front end, where more than 75% of costs associated with this function exist. These are the labour-intensive functions like data entry, additions, deletions and corrections, employee service support, payroll tax filing rules and code adherence, multi-jurisdiction splits, variable pay adjustments and many more
63 Client benefits in Back Office Work/ Tax Preparation Work Timely, accurate & faster processing with improved turnaround time.Tremendous cost savings & lower overheads.Purge the need for additional staff during peak / long season.Information & documents are captured & stored in digital format.Improved workflow & processes through latest technology.Complete solutions for all finance & accounting services at one place.Optimized financial reporting & data availability.
64 Advantages of outsourcing Helps companies focus on their core capabilities & businesses.Increases management's valuable time and thus an improvement in productivity.Substantial cost saving.Accurate, fast, efficient and timely results.Benefits of outsourcer's standardized processes and advancedtechnology.Helps companies streamline and improve business processes.Inside resources are freed for other purposes.
65 Outsourcing Solutions OUTSOURCING METHODLOGYCollect Client’s Information related to that activityAs per checklistSubmit data to data processing departmentData entry validation from Payroll expertsSTARTOur Consultant will process that data and convert it into relevant information on software , as per client requirementsS/W Installation with relevant data will take place into Client systems. Customer typically bungs into iNextGen software and developmentClient approval for relevant dataGeneration of E-file (Validation File)If activity is TDSIf activity is payroll processingOutput deliverables as per requirement of client like Salary Sheets, Salary Slips, Bank Letters, PF, ESI, Professional Tax and TDS reportsOutsourcing Solutions
66 Outsourcing Solutions Payroll Administration Features:Induction of Master Data in SoftwareInduction of New Employees and Salary StructuringMaintaining Left EmployeesMaintenance of Attendance and Leave RecordsSalary ProcessingCalculation and generation of TDS , PF ,ESIGeneration of Reports Like Salary register , Salary Slips, Earning Deduction Statements , Bank transfer letters, Cheque Payment RegistersStatutory Compliance. (PF and ESI Reports like Challans, Form 5, Form 10, Form 12A, Etc)Distribution or ing of Payslip,Tax Computation SheetsQuery Solving.MISRecording Keeping
67 Some Of Prestigious Clients List of Clients that iNextGen IT Solutions Pvt. Ltd. is ServingVideocon Industries Ltd.Sahara GlobalElectrolux Kelvinator Ltd.Conax Access Systems India Ltd.Atrenta India Pvt Ltd.CJ International Hotels Ltd. (Hotel Le Meridien)Embassy of SwitzerlandDelhi Technological University (Formerly Delhi College of Engineering)Lanco Infratech Ltd.Orient Abrasives Ltd.Orient Steel LtdGandhi Smriti & Darshan SamitiApplied Research International Pvt. Ltd. (ARI)Connect ProTurner International India Pvt. Ltd.Unicorn Medident Pvt. Ltd.
68 Some Of Prestigious Clients Today Homes & Infrastructure Pvt. Ltd.Kajima CorporationRoto Power Projects Pvt. Ltd.Y. M. C. A. New DelhiMobile CrechesChinmaya MissionChaque Jour Outsourcing solutions Pvt. Ltd.Rajiv Gandhi FoundationIndira Gandhi National Centre for the Arts (Cultural Ministry)MGF Development Ltd.Dharampal Premchand Ltd. (D.S. Group)Domino Printech (I) Ltd.Ergo India Limited (STUDDS)Global Infocom Limiteddunnhumby IT Services Pvt. Ltd.Wilway Fort (I) Ltd.Plasser India LtdUnicorn Denmart Ltd.Policy BazaarAnd Many more……..
69 List Of Outsourced Payroll Clients TCK Advisors Pvt. Ltd.Panthera Developers Pvt. Ltd.Uppal IT Projects Pvt. Ltd.Apodis Hotels & Resorts Ltd.Enfield Property Management Pvt. Ltd.SITQ India Pvt. Ltd.S. Kapoor & Associates
70 iNextGen IT Solutions Pvt. Ltd. E-mail: firstname.lastname@example.org Website: