What You Will Learn
- Learning Objectives
- Introduction to Payroll in Tally
- Creation of Units (Work) and Attendance/Production
- Pay Heads in Tally and Creation of Primary Pay Heads
- Creation of Statutory Pay Heads
- Provident Fund
- Creation of Employer’s Other Charges Pay Heads for Provident Fund
- Employees State Insurance
- Professional Tax
- Gratuity
- Income Tax
- Defining Salary Details
- Income Tax Master Configuration
- Income Tax Declaration
- Payroll Income Tax Configuration
- Payroll Vouchers and Process the User Defined Pay Heads and Salary.
- Process the Statutory Pay Heads
- Payment Vouchers and Payment of Salary and Provident Fund to PF Department
- Payment of Employee State Insurance to ESI Department
- Payment of Professional Tax to Department and Income Tax to IT Department
- Employee Payroll Reports
- Payroll Statutory Reports
- Employee State Insurance
- Professional Tax & Gratuity
- Computation & Salary Projection
- Challan Reconciliation & Income Tax Returns
- Income Tax E-Return & Exceptions Reports
- Conclusion
- Key Answers & Practice Exercises
- E-Quiz