Honeycomb®ERP Payroll Management System is a comprehensive utility that caters for the entire payroll requirements of your company. It helps you in processing your payroll faster and produces reports immediately by any parameter.  Integrate with your general ledger to ease your accounting.  File taxes, make direct deposits and file electronic forms in minutes. Thus saving you time and money, and provide you with 24/7 real-time access to accurate and up-to-date information. Honeycomb®ERP Payroll Management System will help you in making better business decisions and focus on the strategic, profit generating, areas of your company.

With Honeycomb®ERP your entire company’s Payroll can be prepared in minutes as per your requirements, may it be on weekly, bi-weekly, semi-monthly or monthly pay periods. Multiple pay periods can be processed in a single batch. Changes and recalculations can be incorporated in payroll without limits, until satisfied before finalizing. You can run, review and send the payroll reports for acceptance to higher management before payroll is finalized. It is possible to generate any number of "out-of-cycle" pay runs Deductions and Contributions. For that you can setup an unlimited number of employee deduction and company contribution calculations per employee or group of employees. You may schedule deductions on pay period which suits your needs and organizational practices.  A schedule can be defined as recurring or one-time, maximums may be set by pay period, month, year or lifetime, multiple calculation methods supported (flat, percent, table lookup, etc.)

It requires a One-click process to accept standard pay for all employees, Pay rates defaulted from employee master file, Unlimited number of pay lines can be entered for each employee, Payroll Allocation can be made  among divisions, departments, projects and shifts. Complete keyboard control for fast entry. Direct Deposit, Split employee net pay among an unlimited number of bank accounts, Partial direct deposit with balance paid by check or specify deposit amount as flat amount or percentage of net Payroll Processing. Payroll set up includes; Payment types (salary, hourly, flat amount, non-taxable, tips, fringe wages, etc.), Deduction types (medical, dental, uniform, etc.), Contribution types (retirement, group benefits, etc.), Organizational data (divisions, departments, work sites, work shifts, projects), Pay schedules   Rate tables (deductions/contributions etc).

Honeycomb®ERP Payroll Services can define debits and credits and maps to your chart of accounts. Mass entry of pay information allows for an easy spreadsheet approach to viewing and entering data for all employees all at once. The system will even color code those employees that are eligible to be paid, based on rules you define. The automated payroll processing makes it easy! Honeycomb®ERP gives you a total relief from the worries of late payroll tax deposits and missed filing deadlines. Besides having access to dozens of standard payroll and HR reports, you'll be able to use our intuitive report writer to build your own customized reports. With ‘Rock Solid Security’ you will sleep better knowing that your confidential HR data is secure with the Honeycomb® Payroll Services. Integration is easy with Web Services and XML, which improves accuracy and allows for better distribution of information across the breadth of your organization.

Key Features Honeycomb®ERP Payroll Services

The key features of the Honeycomb®ERP Payroll Services are solicited below:-Customized Setup
Enter and maintain your own payroll setup including:

• Payment types (salary, hourly, flat amount, non-taxable, tips, fringe wages, etc.)
• Deduction types (medical, dental, uniform, etc.)
• Contribution types (retirement, group benefits, etc.)
• Organizational data (divisions, departments, work sites, work shifts, projects)
• Pay schedules
• Rate tables (deductions/contributions)

Flexible Eligibility Rules

• Define comprehensive eligibility rules that link user-defined criteria.
• Define standard rules for automatically assigning and changing employee compensation and benefits.
• Minimize workforce inquiries by providing near real time remuneration data and history.

Time Sheet Entry

• One-click process to accept standard pay for all employees
• Pay rates defaulted from employee master file
• Unlimited number of pay lines may be entered for each employee Allocate payroll among divisions, departments, projects and shifts
• Complete keyboard control for fast entry (no mouse required)

Direct Deposit

• Split employee net pay among an unlimited number of bank accounts
• Partial direct deposit with balance paid by check
• Specify deposit amount as flat amount or percentage of net pay

Payroll Processing

• Intuitive processing flow—payroll can be completed in minutes
• Weekly, bi-weekly, semi-monthly and monthly pay periods
• Multiple pay period can be processed in a single batch
• Change and recalculate payroll any number of times before finalizing
• Run payroll reports in preview mode before payroll is finalized
• Generate any number of "out-of-cycle" pay runs

Deductions and Contributions

• Setup an unlimited number of employee deduction /contribution
• Schedule deductions to be taken on pay period or monthly
• Define deductions as recurring or one-time
• Maximums may be set by pay period, month, year or lifetime
• Multiple calculation methods supported (flat, percent, table lookup, etc.)
  

Electronic Tax and Form Filing

• Our automated payroll processing satisfies all government payroll tax mandates for deposits, quarterly and annual returns, wage listings, and e-filing/reporting requirements.
• Payroll tax software fully automates tax processes.
• Multi-company capability with unlimited state and local jurisdictions.
• Automated federal, state, and local tax deposit calendars.
• Payroll software with summary payroll data by period, quarter and year.
• Built-in compliance for simple e-filing and e-payments.
  

User Defined Incomes and Deductions  

• Automated payroll processing for unlimited Income types that can be any denomination and calculated however you want. Standards are hourly, salary, bonus, commissions, overtime, double-time etc. all according to your business requirements.
• Payroll tax software allows that unlimited deduction types can be set up on gross or net, with flexibility on taxes, limits, flat dollar amounts, hours worked or percentages.

General Ledger Tracking

• Set up your own chart of accounts
• Generate balanced payroll journal for each payroll run
• Assign general ledger accounts to pay types, deductions, contributions and tax liabilities
• Allocate general ledger by division, department, work site and project
• Export payroll accounting to popular accounting packages such as Quickbooks and Peachtree.
  
  

Handling Payroll Complications

The Honeycomb®ERP Payroll Management System gracefully handles many types of payroll complexities, including all of the following:

• Advances and repayments
• Benefits of all types
• Overtime at different rates
• Owner draws
• Paid Holidays
• Reimbursements for employee purchases
• Salaried and hourly employees
• Taxes that "cut off" at a certain amount
• Vacation accrual and use
• Work done at multiple wage rates
• Writing Payroll to write paychecks.
• Employee time tracking for payment of hourly wages

Health Saving Plan & Policies

This additional module illustrates on the company’s Health Saving Plan policies. This allows the administrator of the system to define the suitable health savings plan policy for the organization, The users can make requests on health savings, administrator to approve or reject the requests and the systematic monitoring of the user accounts on health savings. The main features include:

• Define Health Policy
• Employee Health Policy Summary
• Health Policy Payments Due
• Total Health Policy Expenditure
• Health Policy Request by Employees
• Health Policy Request by Employees
• Earnings and Deduction Summary by Employee by Date
• Earnings and Deduction Detail by Employee by Date
• Earnings and Deduction Summary by Date
• Year to Date Attendance
• Earnings Detail by Employee by Date
• Deductions Detail by Employee by Date
• Taxes Detail by Employee by Date

Department Reports

• Earnings Detail by Department by Date
• Deductions Detail by Employee by Date
• Taxes Detail by Department by Date
• Earnings and Deductions Summary by Department
• Earnings and Deductions Detail by Employee by Department

Payroll Processing Reports

• Batch Cash Requirements
• Check Journal
• Check Register
• Employee Contribution Register
• Employee Contributions
• Employee Deduction Register
• Employee Deductions
• Employee Direct Deposit
• Employee PTO Register
• Employee Property
• Employee Tax Register
• Employee Year-To-Date Payroll Register
• Employee Year-To-Date Register
• General Journal
• Payroll Allocation
• Overtime Sheet by Department

Job Tracking/Job Costing Reports

• Earnings Detail by Job Class by Date
• Deductions Detail by Job Class by Date
• Taxes Detail by Job Class by Date
• Earnings and Deductions Detail by Employee by Job Class
• Earnings by Job Type by Date
• Deductions Detail by Job Type by Date
• Taxes Detail by Job Type by Date
• Earnings and Deductions Detail by Employee by Job Type
• Earnings Detail by Job Subtype by Date
• Deductions Detail by Job Subtype by Date
• Taxes Detail by Job Subtype by Date
• Earnings and Deductions Detail by Employee by Job Subtype

Deductions Reports

• Deductions
• Deduction Detail by Date
• Deduction Detail by Employee Date
• Tax Liability Summary by Date
• Tax Liability Detail by Date
• Annual Tax Liability Summary
• Deduction Liability Summary by Date
• Deduction Liability Detail by Date
• Annual Deduction Liability Summary

Liability Reports

• Taxable Wages Detail by Tax by Date
• Taxable Wages Detail by Employee by Date
• Taxable Wages Detail by Date
• Liability Payments by Date.