What is Payroll Processing?
Payroll processing in HR is an elaborate process that involves a lot more than salary calculations. The process can be intimidating if you do not know how to go about it which is exactly why this handy guide will navigate you through the intricacies of payroll processing.
A step-by-step explanation of Payroll Processing in India
What is the meaning of Payroll Processing?
Payroll processing is an essential business function that involves arriving at the ‘net pay’ of the employees after the adjustment of necessary taxes and deductions. For efficient payroll management process, the payroll administrator needs to plan the payroll process step-by-step.
Everything you need to run your payroll:
Enter your organization details, tax information, employee details, salary components, and pay schedule to get your payroll up and running right away.
Multiple work locations
While you continue to expand your business, we help you to distribute the same perfect payslips across all your branches in different states.
Personalized salary components
Choose different allowances, earnings, reimbursements, and perquisites for different employees. Easily enable or disable individual components, and RayaFeeL Payroll will adjust to your settings and calculate the right pay.