wael waheed
2022/04/21
HR System
Calculating salaries, reviewing attendance and departure hours, calculating salary vocabulary, printing salaries and accounting entries from one screen - you can easily calculate and review thousands of salaries from the same screen.
One of the most difficult recurring monthly procedures is calculating wages and salaries for employees and workers, especially if the number of workers is large.. it becomes very stressful, especially the difference in working hours between departments, sections or employees of the same section, or the difference in salary vocabulary for each degree or job title or the succession of shifts or production controls or Commissions etc………
The presence of all this data and information in one screen makes reviewing attendance records, calculating salaries, and knowing in detail the vocabulary components of employee salary, very easy.
First: The attendance and departure times are called from the watch (the time of attendance and departure) or from the file and can be modified if necessary.
Second: When you click on the salary account, the salaries are calculated automatically based on the controls that were defined for the employee from the attendance and departure regulations and the salary items according to his job and the tasks assigned to him.
Third: The accounting entry for the movement of salaries is created automatically.
Fourth: Salaries can be printed in total or in detail for each employee.
Fifth: Analyzing salaries statistically and graphically at all levels defined in the system, whether at the level of the department, department, job grade, job or any other organizational level.
On the organizational side in the institution, the integrated system provided by the company (Orchida-soft) connects all the departments of the institution to each other and takes into account the separation of powers and tasks between departments, for example - the management of personnel affairs, salaries are calculated and the accounting entry is issued with the salaries owed to employees - the record remains not approved until The accounts department reviews it, approves it, and then pays the salaries.
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Depreciation Entry
There are two ways to prepare the depreciation entry
1- The direct method
from H/depreciation expense to
H/the original
2- The indirect method
from H/depreciation expense to
H/accumulated depreciation
It is the balance that shows the opposite of the nature of the account, such as the debit balance of the supplier and the credit balance of the customer
Working capital is current assets - current liabilities, and it means the facility's ability to meet its short-term obligations.
Total investment is long-term assets + working capital.
Fixed
Installment Declining Installment
Units of
Production According to Egyptian Accounting Standards, but there are other methods such as the re-estimation method