DC360-HRMS simplifies benefits management by allowing companies to set Basic Salary and Over Time rates, ensuring consistent and fair compensation for employees based on their working hours. It also efficiently manages fixed/variable allowances, ensuring that employees receive the appropriate benefits, such as annual leave and end-of-service payments. The system tracks monthly and yearly accruals, ensuring timely distribution of benefits and reducing errors. Additionally, it ensures compliance by adhering to organizational policies and legal requirements while handling prepaid cost amortization effectively. Companies can also define pay benefit rules to automate the benefit calculation process.” This integrates “Accruals and Compliance” while maintaining the flow of the paragraph.