We’re introducing a new payment method. Previously, our system supported only two payment modes: Cash and Bank. With the new update, we’ve added Wallet as a new payment mode, offering greater flexibility in payroll management.
Adding an Employer Wallet Account
Setting up a wallet for your company is simple:
- Create a Wallet: Go to the Bank/Wallet Settings menu under Company Settings and add a Wallet name.
- Add Your Wallet Account: Go to Employer Banks/Wallets under Company Settings, then click the Add New button to create your wallet account.
Assign Wallets to Employees
Once the employer wallet is set up, you can assign wallets to employees in just a few steps:
- Go to Payment Settings in the employee profile.
- Add the Employee Wallet Account to enable payments via the new wallet mode.
Generating Payslips for Wallet Employees
For salary processing, you can now generate payslips using wallet accounts:
- Select the Wallet Account from the employer payment mode.
- The system will automatically filter and select employees who have the same wallet account for payroll processing.
Wallet Payment Report
To help track and manage wallet transactions, we’ve introduced a Wallet Payment Report feature. You can:
- View all wallet payments under the Reports section.
- Export the report for easy record-keeping and financial analysis.
Why Use the Wallet Feature?
- More Payment Flexibility: Employers can now pay salaries using digital wallets.
- Efficient Payroll Management: Reduces dependency on cash and bank transactions.
- Seamless Integration: Works smoothly with existing payroll features.
- Easy Reporting: Keep track of wallet payments with detailed reports.
This feature is now live! Start using Wallet payments today and enjoy a more flexible payroll experience. Stay tuned for more updates!
