Payroll & Compensation
Bank Setup & Salary Files
Pay salaries from the right account in the exact file format your bank accepts. Generate bank files from any finalized run, and route employees to different company accounts with ordered rules.
What you get
6 capabilities in bank setup & salary files
- Multiple company bank accounts, each paying payslips in its own currency
- Branch default account for anyone not matched by a rule
- Pick or build a bank file format (field map) per bank
- Generate bulk payment files from finalized payroll runs
- Ordered salary routing rules: who is paid from which account
- Company bank account, file template and routing protected by dual control
Related Payroll & Compensation features
11 capabilities
Pay Profiles & Components
Country pay profiles with earnings, deductions and employer costs.
- Multiple pay profiles for different countries or jurisdictions
- Currency, fiscal and tax cycle per profile; a default profile for unassigned staff
- Component types: Earning, Deduction and Employer Cost
- and 8 more
Wage Bases, Tax Slabs & Exemptions
Statutory deductions charged on exactly the wages the law counts.
- Named wage bases such as PF wages, ESI, gratuity, SOCSO/EIS
- Contributions recomputed from what was actually paid each month — bonuses, overtime and arrears included
- Progressive or flat tax slab tables attached to TDS components
- and 5 more
Salary Structures & Revisions
Enter a target CTC — the breakdown is calculated exactly, to the paise.
- Company-wide compensation directory with CTC, est. monthly net and effective date
- Structure coverage: configured vs awaiting setup
- Target annual or monthly CTC auto-distributed exactly
- and 7 more
See MaverickHR running on your own rules
Tell us your headcount, your sites and the modules you need. We set up a walkthrough on your leave policy, shifts and pay structure, then send a quote that fits.
business@maverickignite.com +91-9945708662
Replies within one business day, from the team that builds the product.