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Payroll in TallyPrime

TallyPrime offers various features that allows you to implement and process payroll. You can use the Payroll Info. menu to create different payroll masters required for computing earnings and deductions for employees.

Introduction to Payroll

The payroll feature in TallyPrime is fully integrated with accounting to streamline payroll processing.

Organisations can set up and process payroll using simple and complex criteria. A collection of predefined processes in TallyPrime enable error-free automation of payroll process.

The payroll feature also provides management related information, statutory forms and reports in the prescribed formats such as:

Pay Slip, Payroll Statements, Attendance and Overtime Registers.
Gratuity, Provident Fund (PF), Employee State Insurance (ESI), National Pension Scheme (NPS).
Professional Tax (PT) and Income Tax (IT).
Expat Reports.

Features

Full integration with accounts for simplified payroll processing and accounting.
User-defined classifications and sub-classifications for comprehensive reporting on aspects such as employees, employee groups, pay components, or departments.
Support for user-defined Earnings and Deductions Pay Heads.
Flexible and user-defined criteria for simple or complex calculations.
Unlimited grouping of Payroll Masters.
Support for user-defined production units such as attendance, production, or time-based remuneration units.
Flexible processing period for payroll.
Comprehensive reports for cost centre as well as employee-wise costing.
Predefined processes for accurate and timely salary processing, employee statutory deductions & employer statutory contributions.
Processing payments using the e-payments capability in TallyPrime.
Auto-fill facility to expedite the attendance, payroll, and employer’s contribution processes.
Accurate computation and deduction of statutory payments such as Income Tax, ESI, EPF, NPS, Professional Tax, and Gratuity.
Generate statutory forms and challans for Income Tax and EPF & ESI, as prescribed.
Facility to drill-down to the voucher level for any alteration.
Compute arrears of previous period(s).
Track loan details of employees.

In TallyPrime, you can create the following to maintain payroll:

To know more, click the links below:

Enable Payroll	Enabling Payroll in TallyPrime F12 (Configuring Payroll) Configuring Print Options for Payroll
Payroll Masters and Income Tax Details	Creating Employees Creating Employee Categories Creating Employee Groups Creating Payroll Units Creating Attendance Production Type Creating Pay Heads Defining Salary Structure Income Tax Details Pay Head Configuration Declarations Override Exemption Value Override Tax Value Tax Configuration Previous Employer Details Creating Payable Ledgers
Payroll Vouchers	Creating Attendance or Production Vouchers Attendance / Production Voucher Salary Payment PF Payment ESI Payment NPS Payment Income Tax Payment Professional Tax Payment User Defined Pay Head Process Salary Process PF Process ESI Process NPS Process Employer PF Admin Charges processing
Payroll Reports	Pay Slip Pay Sheet Payroll Statement Payment Advice Payroll Register Attendance Sheet Attendance Register Expat Reports Payroll Statutory Reports

Payroll in TallyPrime

Introduction to Payroll

Features

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