Reconciliation Tools

Everyone trusts Folklore Payroll for computational accuracy. However, for due diligence, once the software does the payroll processing, you can review the work done. Folklore Payroll provides an array of payroll reconciliation tools to make your job easier than ever.

Payroll Differences

This powerful tool lets you identify changes in compensation values from last month to this month. Differences can be viewed Employee-wise or Component wise, along with a gross reconciliation tool. You also get information on differences due to newly joined employees and terminations.

Employee Reconciliation Tool

Fully account for employee additions, resignations and employees for whom processing has been suspended. A Venn diagram (graphical chart) neatly summarizes the information while a detailed report gives you the breakup. A major time saver!

Payroll Transfer Reconciliation Report

This lets you tie up all the payout made by the company in one report. Bank transfer, cheque payments, DD payments, etc. are all summed up along with the employee head count for each type of transfer.

Other reports

Apart from these above mentioned features, we have many other reports available to check the information from all angles before satisfying yourself with the accuracy of the work done.