Payroll tracking software provides time tracking, project time tracking, leave tracking, attendance tracking etc. Under payroll tracking software you have time and attendance tracking system eliminates buddy-punching; buddy-punching means people clocking their friends in and out, also controls overtime, provides real time reporting. Therefore payroll tracking software helps to get most accurate time & attendance data controlling the labor costs and labor allocation.

The basic payroll software services include providing accurate salary and wages reports, calculating employee’s tax return, tax filing activities, tax deduction, calculating bonus and overtime of employees. Over and above that there are many other payroll software services available in the market which are included in the payroll package like online payroll service where you can check your payroll packages online over the internet and can be accessed by anyone using the same address, generally these payroll packages have unique identification number for each user and he can get access only through that number, providing real time reporting of overtime and time and attendance reports, providing HRIS and HRMS and other HR services, web based online payroll services etc.

Excel payroll software is payroll software which is made on Excel sheets. They provide extensive and elaborate payroll records, most of the payroll functions can be made on excel sheets like time and attendance records, overtime records, punching records, also leaves availed by the employee. Excel payroll software provide a better and convenient way of presentation of the payroll data.