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.
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 to apply a common salary structure for entire department such as Marketing, R&D, Sales, and Accounts.
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.
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.
We want you to experience the product and understand how it suits your business. Tally comes with a 30-day free trial that gives you full access to all the features of the product. Go ahead, give us a try!