Managing employee pay-outs never been that easier.
Payroll accounting & salary processing
TallyPrime offers intelligent payroll management for employees. Payroll process automation without errors is made possible by a set of established procedures in TallyPrime. Additionally, handling and viewing exceptions is a breeze.
Multiple employee grouping
You can categorize staff members using TallyPrime according to a variety of factors, including their role within the company, department, location, cadre or designation, and more. Additionally, pay structures can be defined at the personnel group level, and the same salary structure can be replicated throughout departments like sales, marketing, and research and development.
Flexible attendance/production types
Employee compensation is calculated and their productivity is monitored using attendance and production kinds. You can establish many sorts of attendance using TallyPrime, including paid days (Present, Sick Leave, EL, CL, etc.), unpaid days (absent LOP), on-production days (piece work), and so forth.
Statutory compliance in payroll
Regarding provident funds (PF), employee state insurances (ESI), professional tax, gratuities, and income tax, TallyPrime produces the required reports. To facilitate the management of payroll-related compliance, the tax computation report shows income tax details broken down per employee.
Even more, features to manage payroll and related compliance
- Simple to articulate and handle fixed and adjustable employee compensation.
- Various calendar types, including set days, according to a calendar, etc., to meet your needs.
- Create annual forms, statements, and monthly returns for income tax, professional tax, PF, and ESI.