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Biostar Software

BIOSTAR is very simple, flexible and user-friendly Payroll Management software specially for INDIA, that takes care of all your requirements relating to accounting and management of employees’ Payroll. BIOSTAR stores complete records of the employees, generates Pay-slips and Attendance Register, Computes all allowances and deductions and generates all Statutory and MIS reports.

BIOSTAR is only salary processing software with good no and wide-industry range  of client base in Mumbai , INDIA. It offers very high flexibility in defining various allowances, deductions, leave rules etc. for the employees and all formula for P.F, PF TRUST., F.P.F., E.S.I.C., Profession Tax, Income Tax etc. are definable and changeable at User's end.

Over the past decade we gained vast expertise by serving thousands of client across india n many neighboring countries. BIOSTAR solutions are been used, trusted appreciated by major segments where Accounts, Hr, It & Admin Teams have benefitted with integrated solutions where though all of them are connected to same system the roles and responsibility can be assign and partial module or function rights can be shared. going one step ahead BIOSTAR is also equipped additional utility with which the data access restriction can be made on location basis

This BIOSTAR is compatible with Swap Card Machines, Accounting Software and an interface can be provided for import/export of data. The users include small and medium enterprises to big corporations
BIOSTAR is also carrying the special credential for quick go live, dedicated support and timely version release for statutory compliances. Our Products are designed keeping complex requirements of various industries. Solutions are periodically improved on valuable feedback from end-users keeping the need of evolving environment. BIOSTAR is designed to have minimum input and maximum output concept built in to it, wherein apart of vast standard report module, user can design their own reports for critical management MIS which requires on periodic basis.
Charts :
Dynamic Org charts, Tree structure, Charts and graphs on net salary or any user defined formula or employee count / department , branch basis etc.
Salary Calculation :
Different types of salary calculation methods based on annual / calendar / 30 days / calendar excluding weekly offs / daily basis etc. 
Arrears Calculation :
BIOSTAR automates the whole process without any human intervention saving enormous amount of time. You may set up rules for each allowance and deduction whether they affect arrears or not. You can run arrears which can be on random basis , bring to the specific amount, bring the same to the latest pay structure.
Monthly Reconciliation :
BIOSTAR produces report like why there is a difference of pay against last month. It can be coz of New Recruitments, Resignation , Absenteeism or Over Work etc. The whole process is very user friendly that user can select his own criteria to get the accurate result.  

Loan Module

  • Management of different loans given to employees.
  • User definable loan name.
  • Automatic interest calculation for Loans with EMI option .
  • Auto/manual deduction from payslip till full recovery of loan.
  • Provision of lumsum loan recovery
  • Monthwise Breakup Report for installments deducted.
  • Last balance report for loans.
  • Management of multiple of loan through single deduction from salary
  • Auto calculation of Interest Perk ( as per IT calculation ).

Income Tax Module

  • Income Tax Projection with expected TDS to be deducted from the current  Month's Salary. Generation of Form 16  , Form 16AA, Form 12 BA , Form 24 and ITNS 271 / 280 Challan of Income Tax.
  • Generation of e-TDS  Form 24, Form 24Q  and Form 27A 
  • Provision for considering past emoluments in case an employee joins during the year.
  • Provision for storing projected investment amount declared by the employee . Reports on variance between declared and made investment.
  • Auto Perk Calculation for Sub-Loan Interest , Accommodation , Car etc.
  • Exemption Calculation for HRA , Medical , LTA etc.

Leave Management

Manual calculation of leave is no longer necessary. You can predefine annual leave available to employee. Definition can be made for total leave for a year or monthly increment basis.

Different type of leave management is possible like SICK, PRIVILEGE, CASUAL LEAVE and OTHERS Different leave setup for different Grade is possible. Monthly increment of leave can made possible on pro-rata basis of days present. Automatic leave balance calculation with carry forward to next year with prior setup of maximum leave

You may generate a Leave History Report for any employee. Balance Leave report.

Leave Rules

Very comprehensive Leave Rules can be built in terms of:
Maximum days for each type.
Calculations based on working days or calendar days.
Whether the leave is allowed to be carried forward.
Number of days allowed to be carried forward.
Applicable to male, female or both.
Automatic Credit based on these rules, on accumulation basis.
Facility to credit leave based on number of days/months worked.
Pro-rated leave credit each month, if applicable.
Encashment of leave.

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