Payroll management involves maintaining employee information and processing salary-related records. TallyPrime can support payroll activities when the required payroll features are configured according to an organization’s needs.
Employee records contain information required to manage payroll. Depending on the organization’s requirements, these records may include employee name, department, designation, joining information, and other relevant details.
Employees can be organized into groups based on departments, locations, designations, or other organizational structures. This can make payroll administration easier for organizations with multiple employees.
Pay heads represent salary components such as basic salary, allowances, deductions, or other applicable payroll components. The actual salary structure should be based on the organization’s payroll policy.
Where attendance-based payroll is used, attendance information can be maintained and considered during salary processing. Attendance configuration should match the organization’s actual policies.
Payroll processing involves calculating salary based on the configured employee information, pay structure, attendance, and applicable deductions or additions. Payroll records should be reviewed before finalization.
Payroll reports can provide information about employee salaries, salary components, attendance, and other payroll-related details.
Learners will understand the basic payroll workflow and how employee, salary, attendance, and payroll information can be maintained in TallyPrime.