Do Your Company Need a Payroll Software?

Payroll processing is not an easy task. Employers must obey to the rules and regulation of multiple government bodies in Malaysia.  Right now, there are 4 main government bodies related to human resource and payroll. KWSP (EPF), PERKESO (SOCSO & EIS), LHDN (PCB), and HRDF are responsible in ensuring the safety and wellbeing of workers at work, income tax collection, and savings. It is important that employers make the contributions to each statutory body accordingly. Failing to do so will result in a great penalty fine or imprisonment.

Payment of salary and various contributions at every month end can also be very stressful for the HR department. It can be time consuming to key in each staff’s income and their various contributions across multiple portals. 

There are many questions arise when it comes to payroll software. What type of payroll software is suitable for your company? Does my company need a local or cloud payroll software? What is the difference between cloud and local software?

If your company consists of multiple HR personals working from different locations, it is better to choose a cloud-based software that allows you to work anytime and anywhere provided that you have a stable internet access. The local desktop version is suitable for smaller scale HR department with 1 to 2 staff managing all payslip and payrolls or if HR personals are all working in the same office. If you are still unsure of the type of payroll software that you need, make the smart decision and choose one of the most popular Payroll Software in Malaysia which is available in both local & cloud.  Seamlessly migrate your data from local to cloud and vice versa without losing any data and historical records.

SQL Payroll Software is trusted by more than 270,000 companies across Malaysia to assist in the payroll process. SQL Payroll Software is available in both local desktop and cloud based. You can choose which software solution is best suited for you and your company. For SQL Cloud, it is a monthly subscription, SQL has a rent-to-own policy program. Your monthly payments can partially contribute to the purchase of your SQL license. SQL Payroll is a one stop solution for all your payroll needs which automatically calculates each staff’s EPF, SOCSO, EIS, HRDF, and PCB contribution. On top of that SQL PAYROLL generates payment files that are ready to upload into the All portals of these statutory bodies. You can also generate payment files that are compatible with all Malaysian banks for salary payment using SQL Payroll.

Leave applications and approval are often left as an afterthought when it comes to payroll processing. It is usually separated from the payroll process and done manually in most companies. Staff would have to printout a leave application form and submit it to the HR department for approval. This makes the process of controlling, tracking, and reporting of leave application and balances unnecessarily complex.

SQL Payroll has a fully synchronized E Leave app to make application and submission of leaves faster and easier. Staff can apply for leaves anytime, anywhere using the app and the manager can approve or reject the applied leave via app too.  Staff will be able to see their leave day balance and status of applied leave. Managers on the other hand, will have a manager dashboard on their E Leave app that allows them to see the list of leaves that needs to be processed, as well as the staff’s leave history, leave balance, and company calendar.

Differences Between SQL Payroll and Others Payroll Software

Why SQL Payroll are the best between the other software?

1) Permanent Ownership of License

When you bought SQL Payroll, it is a 1-time payment for a life-time software ownership. There is no need to make any recurring payment for this software. With this 1-time payment, you get access to unlimited months of payroll processes, EA forms, government reports, annual payroll reports, and payment files.

2) Unlimited Transactions and File Size

SQL Payroll desktop and cloud-based have unlimited to the database size and the number of monthly payroll processes. Users will have full access to their past payroll processes, payslips, and all the past EA forms.

3) Fully Paperless Payroll Process

With SQL E Leave app, your company has no longer has to print monthly payslips. Users of the app can view, download their payslips for all history payslips records.  They can also view their EA forms from the past 10 years.

4) Latest Government Reports

SQL Payroll software ready with all Malaysian government reports like EPF Borang A, SOCSO Borang 2, SOCSO Borang 3, SOCSO Borang 8A, EIS Borang 1, EIS Borang 1A, EIS Borang 2, EIS Borang 2A, EIS Lampiran 1, Income Tax CP39, CP39A, Income Tax CP 39A, Income Tax CP 22, Income Tax EA Form, Income Tax EC Form, Income Tax CP 8, CP 159, Income Tax e Data Praisi, Income Tax CP 8D Borang E, Income Tax Lampiran B (PCB Audit) Income Tax Lampiran 2 (PCB Audit), Income Tax PCB 2(II), Zakat Borang Skim Berkat, and HRDF Report.

5) Customizable Reporting

SQL Payroll provides multiple payslip templates for employees and also analytical reports and HR letters for the management.  You can access reports like PCB Audit report, lampiran 2, CP22, TP Forms.  Leave Balance report, Payroll Summary, Yearly Payroll reports and also letters like Letter of Termination, Letter of Appointment, Letter of Confirmation, and Increment Letter.  Each one of these payslips, reports and letters are customizable to better suit your business.

6) Directly Synced with SQL Account Software

You can post your month end payments directly into your SQL Account. All you need to do is a one-time configuration and you are all set. Post your payroll payments every month end directly from SQL Payroll. Reduce work, speed up the process, and minimize error with this.

Pricing Comparison Payroll Software in Malaysia

There are a few payroll software available in the market, depending on your budget, volume of staff, and favoured functionalities you can narrow down on your options for the ideal software for your company. We have studied five payroll software in the market and compared their characteristics for you. Most of the payroll software providers require an annual/monthly recurring fee for the continual use of the software. The only payroll software that does not charge a recurring fee is SQL Payroll. We have compared the prices and features each software in the table below:

Price

Payroll Panda

RM38 per month, additional RM8 per staff

Kakitangan

RM1,650.00 per year

SQL Payroll

RM49 per month for 10 staffs or
RM799 (One-time fee)

Autocount

RM60 per month for 10 staffs

Sage Payroll

RM85 per month for 50 staffs

Desktop Version

  /  

Annual License Software Renewal

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Attendance Recording

/   /

Leave Management

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Bank Integration

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Compliant with Malaysian Statutory Contribution

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Leave & Claim System

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Government Reports

/ /  

Customisable Payslip Report

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Direct Sync with SQL Account

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