Payroll :- Illustrating on Payroll technique of tally training in Chandigarh.
Tally ERP9’s Payroll is fully integrated with accounting to provide users the benefits of simplified payroll processing and accounting. Payroll enables users to set up, implemented and process payroll with simple to complex criteria, as per the organization requirements. The per-defined processes available in Tally ERP9 helps in automating payroll processing without any errors.Students who are willing to grow their career in accounting field can join Tally Training in Chandigarh.
Features of Payroll:
Following are the some features of payroll which we are going to learn with tally training in Chandigarh.
The key features of the payroll ( Tally.ERP 9) are as follows:
- It is fully integrated with accounts to give the benefits of simplify payroll processing and accounting
- It has user-defined classifications and subclassifications for comprehensive reports. This may be related to employees, employee groups, departments etc.
- It provides the facilities to create user-defined Earnings and Deductions Pay Heads
- It allows flexible and user-definable criteria for simple or complex calculations.
- It allows unlimited grouping of Payroll Masters.
- It supports user defined production units.
- It provides a flexible payroll processing period.
- It provides complete cost centre as well as employee-wise costing reports.
- It ensures an accurate and timely Salary processing, Employee Statutory Deductions and Employer Statutory Contributions with the help of predefined processes
- It provides auto-fill facility to promote the Attendance, Payroll & Employer's Contribution processes.
- It facilitates an accurate estimation and deduction of Income Tax, ESI, EPF, NPS, Professional Tax, Gratuity etc.
- It helps in the generation of Statutory forms and challans for Income Tax, EPF & ESI, as advice.
- It facilitates computation of arrears pertaining to prior period.
- It helps in tracking employee loan details.
- Students who are willing to learn accounting can join Tally training in Chandigarh
Five easy steps to Generate a payslip of Tally Training in Chandigarh
The new enhance payroll in Tally.ERP 9 requires minimal effort for accurate slary processing. It takes five easy steps to process payroll. Steps are:-
- Create Employee Master.
- Create Payroll Master
- Create pay Heads
- Create salary Details
- Process Payroll and generate pay slip
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