Provident Fund Management System | ProFund
Provident Fund management profund

ProFund

ProFund is online cloud based Provident Fund (PF) management software. You can manage members registration and their database, Process PF fund, loan & investment calculation process, distribution of profit income, settlement and forfeiture, reporting-member balance, reporting- actual fund and investment, distribution and There is also members log in option where members can access their dashboard , collection necessary information and get their PF balance and all the system can fully to integrate with your existing HR and payroll system.

Setup

  • Company
  • Chart of Accounts
  • Salary Component
  • Tax Year
  • Designation
  • PF Policy

PF Management

  • PF Loan Management
  • Investment Management
  • Revenue/Profit Disbursement
  • Final Settlement process

Accounts Management

  • Auto Journal
  • Payment Voucher
  • Receive Voucher
  • Manual Journal Voucher

HR Management

  • Employees Information
  • Employees PF Information
  • Bank & Salary Benefit

Fund Management

  • Contribution Process
  • Investment Process
  • Loan Process
  • Profit disbursement
  • Outgoing Member payment or FS Process

Reports

  • Contribution Report
  • Revenue Accounts
  • Receive & Payment Accounts
  • Trial Balance
  • Balance Sheet
  • Final Settlement
  • Others MIS Reports

Benefits of ProFund Software :

  • Cloud based platform, easily accessible from any where
  • Responsive design, single user, multi user functionality with role base user access control
  • Fully integrated with HR, Payroll Software, Accounting software
  • Analytical Dashboard, interactive reporting tools
  • Automatic Schedule based Journal Entry
  • Customizable as per requirements and expert advisory service


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