Venezuela: Payroll

Venezuelan Location: Payroll

Module functionalities

• Automated payroll calculation: basic salary, overtime, vacations, food bonuses and utilities.
• Automatic legal withholdings: IVSS, FAOV and INCES calculated according to current parameters.
• Social benefits: cumulative calculation, interest and automatic settlements.
• Dual currency: supports payment and accounting in Bolívares (Bs) and Dollars (USD) simultaneously.
• Generation of PDF payment receipts: issued directly from the employee file or payroll batch.
• Accounting integration: creates automatic entries for salary concepts, deductions and employer contributions.
• Configurable salary tables: parameterize custom bonuses, allowances and deductions.
• Legal reports and summaries: generate contribution forms and payroll analytical reports.
• Payroll history: consult previous periods with details per employee.
• Set up employees, contracts and salary structures.
• Defines the exchange rates and active currencies (Bs / USD).
• Run payroll calculation by period (biweekly or monthly).
• Generate and validate individual receipts.
• Automatically records accounting entries.
• Generate reports and contribution sheets.
• Based on the hr.employee, hr.payslip, hr.contract and account.move models.
• Designed on the standard Odoo HR and Accounting framework.
• Full dual currency and rate synchronization support.
• 100% compatible with official Odoo Enterprise modules.

On screen

Specs

What is included with Mi-ERP