Here is the simplest tutorial to set up Payroll in Tally.erp 9. Although the article describes the detailed information about setting up and managing payroll in Tally.erp 9 for a bidi manufacturer however it is most suitable to any other business whoever wanted to implement payroll for their business
House Rent allowance is a Part of Salary structure and used is used by companies as well as employees for Tax relief. Release 3 of Tally.erp 9 now offers Income Tax in Salary and all returns related to Employees Taxation is taken care by the Tally.erp 9. Each Salary components requires a proper set up to avail the benefit of Income Tax in Salary. Learn here how to configure House Rent Allowance in Tally.
Learn how to bifurcate Gross Salary in Tally.erp 9 for payroll processing based on % of others heads which consist Salary Structure. Release 3 of Tally.erp 9 now provides Income Tax on Salary, Form No. 16, TDS certificate and IT Return for your employees.
You need to renew your TNS to avail the benefits of Release 3
Now you will able to automated TDS on salary with release 2.1 of tally.erp 9 Series A. This might be the last release of the current series. TDS on salary is one of the most wanted feature for tds purpose and it will complete the important missing element of a complete automated Payroll System of tally.erp 9. Release 2.1. is expected to be released by end of November 2010
learn how to create provident fund deduction (employee’s contribution) in tally.erp 9.A step by step process to manage payroll processing in tally. Also read other articles on payroll processing for a more detailed understanding on the subject.
Professional tax is known as a tax on employment and a tax on business.it is a state levied tax so you must know the applicable slab and rules of your state where your business is registered.
like any other professional payroll system, tally is a complete payroll system and it also require a one time set up for salary structure, attendance creation etc. after that entire payroll system is automated in tally. learn how to create salary structure and how to pass salary voucher in tally
here you will learn how to create salary heads in tally
Learn how to create attendance master in tally for payroll processing.Attendance master is a basic step to calculate salary based on attendance or production type.It also help users to keep records of days attended, leave availed, absent days etc. for all employees of the organisation
If your accounting software does not provide payroll processing, then there is no meaning to use it. Use tally.erp 9’s payroll feature to take the maximum benefits of the software.tally payroll provides a complete solutions for the purpose