Payroll Management in TallyPrime: What Businesses Can Track

TallyPrime payroll can bring employee attendance, salary components and payroll accounting into the same environment used for business accounts.

Typical payroll components

• Employee and employee-group masters
• Attendance or production data
• Earnings and deductions
• Salary processing and payslips
• Applicable payroll statutory calculations

Where payroll setup can become complex

Salary structures, attendance rules, reimbursements, loans and statutory requirements differ by organisation. The master design should reflect the actual HR policy rather than forcing every employee into one structure.

Control access carefully

Payroll data is sensitive. User rights should restrict who can create, alter, view or print employee and salary information.