Payroll accounting & salary processing
Payroll accounting & salary processing
Manage employee payroll in a smart way with TallyPrime. A collection of predefined processes in TallyPrime enables error-free automation of payroll process. Further, you can view and handle exceptions effortlessly.
Multiple employee grouping
Multiple employee grouping
Using TallyPrime, you can classify employees based on different parameters, such as their job function, department, location, cadre/designation, and so on. You can also define salary structures at the employee group level and copy the same salary structure for entire department such as Marketing, R&D, Sales, etc.
Flexible attendance/production types
Flexible attendance/production types
Attendance/production types are used to compute the employee pay and track their presence/productivity. Using TallyPrime, you can create multiple attendance types such as days which are paid (Present, Sick Leave, EL, CL etc.), unpaid (absent LOP), on production (piece work) and so on.
Statutory compliance in payroll
Statutory compliance in payroll
TallyPrime generates statutory reports with regard to provident fund(PF), employee state insurances(ESI), professional tax, gratuity and income tax. The tax computation report displays employee-wise income tax details to manage payroll related compliance easily.
