What is the Payroll Process?
Flow of the General Payroll Process
Statutory Compliance Aspects
- Income Tax
- Statutory Components
- Reporting
User Interface and Navigation
- Key Modules
- Notifications and To Do areas
Organization Setup
- Setting up the Organization Profile
- Tax Information
- Pay Schedule
- Statutory Components
- Salary Components
- Importing Prior Payroll
Configuring Pay Schedule
- Working Days
- Pay Day
- First Pay Period
Salary Configuration
- Configuring Master Salary Components
- Creating Custom Salary Components
- Using Salary Templates
- Setting up Payslip Templates
Employees
- Adding Employees
- Bulk Import and Export
- Managing Employees’ Personal and Payroll Data
- Salary Revisions
Processing Pay Runs
- Creating a Pay Run
- Key Sections of the Pay Run Screen
- Applying Loss Of Pay (LOP)
- Applying One Time Earnings and Deductions
- Viewing Employees’ Pay Computations
- Skipping Employees
- Pay Run Approval
- Salary Disbursal
- Reverting Pay Runs
- Withholding Salary
- LOP Reversal
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