Features of Tally Payroll

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Features of Tally.ERP 9 Payroll

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

  • It is fully integrated with accounts to give 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 the 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 Income Tax, ESI, EPF, Professional Tax, Gratuity etc.
  • It helps in the generation of Statutory Forms & Challans for Income Tax, EPF & ESI, as prescribed.
  • It allows drill-down facility 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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Processing Payroll Function
Payroll Configuration

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