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Olive Technologies FZE





Olive Regional Feature List - Bahrain


3 Decimal Support for all the Payroll currency computation and reports

Complete Multi Currency Support local and expats with the facility to change the Currency from any specific Month or Sub Period

Supports the standard Monthly and weekly, 15 days and Fortnightly Payroll (within each calendar month). Generate Pay Slips and Salary Registers against each of the Sub Periods (Weekly, 15 Days or fortnights)

Facility to enter Time Sheets of past month along with the current month (or separately) and generate a single or different Pay Slips for each of the Sub Periods.

Facility to apply and record different currency exchange rates for different Time Sheet periods within a month.

Facility to show YTD figures of all the Allowances and Deductions in Pay Slips

Facility to track the Onshore and Offshore salary components as well as to track the Local and Expats separately.

Gratuity computation as per the Qatar statutory requirements

Facility to set / manage user defined Gratuity Rate tables for different group of employees based on years of service of the employee.

Facility to give advance against gratuity and deduct from total gratuity payable

Built In Additional Reports available, other than the standard reports

o Salary Registers (Earnings, Deductions, Contributions, Financial Register, Overtime, Reimbursements)

o Accrued Gratuity

Monthly Gratuity Provision

Employee Gratuity Breakup and Payment

Entry Checklist Reports

YTD Reports (Earnings, Deductions, Contributions, Financial Register)

User Defined Register setting facility (user can create their own registers as per their choice)

Facility to generate the different Registers in MS Excel formats.

Currency Wise reporting facility

Local Currency, Foreign Currency and Dual Currency Pay Slips available in Graphical Preview, MS Excel and PDF Formats. Facility to send Pay Slips by email.

Supports the custom pay slips to be shown in 4 different languages for companies with employees from different countries (India, Pakistan, Sri Lanka, Bahrain) etc.

Flexible and powerful integration of Time Attendance System rules in Olive (interfacing with TAS machines)

Flexibility to consider the Overtime from Shift Out time or from the Total Work hours as per statutory requirements

Facility for the Compliance Payroll Reports for the Time Attendance data

Supports the Olive Standard model and the new Rate x Qty model of data entry, storage and reporting and many more