Salient Features of Payroll in Tally.ERP 9 - Tally

Salient Features of Tally erp 9

The key features of the Payroll functionality in Tally.ERP 9 are as follows:

  • It is fully integrated with accounts to give you the benefits of simplified Payroll processing and accounting.
  • It has user defined classifications and sub-classifications for comprehensive reporting.This may be related to the employees, employee groups, pay components, departments etc.
  • It provides the facility to create user-defined earnings and deductions Pay Heads.
  • It allows flexible and User-definable criteria for simple or complex calculations.
  • It allows unlimited grouping of Payroll Masters.
  • It supports user-defined production units i.e., attendance/ production/ time based remuneration units.
  • It provides a flexible payroll processing period.
  • It provides comprehensive Cost Centre as well as employee-wise costing reports
  • It ensures an accurate & timely Salary Processing, Employee Statutory Deductions & Employer Statutory Contributions with the help of predefined processes.
  • It provides auto-fill facility to expedite the Attendance, Payroll & Employer Contributions processes.
  • It facilitates an accurate computation and deduction of ESI, EPF, Professional Tax, Gratuity etc.
  • It helps in the generation of Statutory Forms &Challans for EPF & ESI, as prescribed.
  • It allows to drill-down to voucher level for any kind of alteration.
  • It facilitates computation of arrears pertaining to prior period(s).
  • It helps in tracking employee loan details.

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