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Record Payroll Statutory Payments in TallyPrime

After recording the employer’s contribution and employee’s deductions, you need to make the statutory payments to the Government. In case of a delay in tax payment, a penalty may be applicable. You can record and account for such statutory payments and penalties in TallyPrime.

Before you begin | Prerequisites

1. Ensure all the statutory liabilities are recorded.
2. Ensure all the payable ledgers are created, such as PF Payable, ESI Payable, NPS Payable.

To record payroll statutory payments,

In the Payment voucher:

1. Press Ctrl+F (Autofill).
   
2. In the Autofill screen, under Process for, select the required challan, as needed.
   • PF Challan
   • ESI Challan
   • Professional Tax Payment
   • NPS Payment
   • Income Tax Challan
3. Payroll Ledger: Select the payable ledger created for the corresponding challan.
4. Bank/Cash Ledger: Select a Bank or Cash ledger to make the payment.
5. In the Voucher Creation screen, set Provide Details to Yes.
6. In the challan details screen, enter the required information.
   
7. Press Ctrl+A to save the voucher.
8. Print the respective challan.
   1. In the voucher alteration screen, press Ctrl+P.
   2. Press C (Configure) and set Yes for the following fields for required challan:
      • Print PF Challan
      • Print ESI Challan
      • Print Income Tax Challan
   3. Press P (Print).