Million Software
Million Software is a computerized payroll system designed for businesses in Singapore. It supports accurate payroll processing while meeting MOM, CPF, and IRAS requirements.
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Payroll Feature Highlights
Million Software provides essential payroll features to support different workforce structures and payroll policies.
Multiple Pay Rate Types
Supports monthly, daily, and hourly payroll structures.
Flexible Overtime Calculation
Allows overtime calculation at 1.0x, 1.5x, 2.0x, or 3.0x based on company policy.
Leave Tracking
Manages annual and medical leave balances for employees.
Customizable Allowances & Deductions
Supports up to 17 allowances and 15 deductions that can be customized according to company requirements.
Community Fund Support
Supports community fund deductions such as CDAC, MBF, and SINDA.
Statutory Form Generation
Generates CPF Form 91 and IR8A directly from the system.
Statutory Deduction Tables
Includes SDL and FWL tables for monthly deductions.
Payroll Reports
Million Software provides comprehensive payroll reporting to support statutory compliance, payroll verification, and internal management needs. All reports are generated accurately and structured to help businesses review payroll data, manage workforce costs, and prepare mandatory submissions with confidence.
Statutory Report
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CPF Form 91
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IR8A
Management & Operational Reports
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Itemized payslips
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Pay summary (basic pay, allowances, deductions, overtime, CPF)
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Personnel and payroll reports
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Leave reports (outstanding vs exhausted leave)
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Workforce and turnover analysis
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Net pay by cash or bank
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Yearly employee payroll summary
Why You Need a Computerized Payroll System
The Ministry of Manpower (MOM) is moving towards making itemized payslips mandatory, requiring employers to be fully prepared for upcoming payroll compliance changes. A computerized payroll system ensures accurate, consistent, and compliant payslip generation for all employees.
Million Software enables direct generation of CPF and IR8A forms, allowing seamless submission to the CPF Board and IRAS portals. Eligible companies may also take advantage of government grants and schemes to help offset payroll software implementation costs.
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