Hi,
Anyone could tell me in detail about the payroll system in India also about the software used whether it is SAP or ERP. Added to that some briefing about ERP.
How this payroll system being used at workplace whether it can be learned only if we do some courses like SAP payroll or FICO anything like that...

From India, Chennai
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Thanks a lot for the information and its very useful, could you also tell me where could i get the details of core HR functions and HCM related details, please.
From India, Chennai
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Hey Folks,

Running payroll is not that difficult. But yes, at times, it requires you to be aware of certain terms like Provident Fund, ESI, Professional Tax, TDS, generating bank statement, and others.

In this new technology era, it's better to opt for a SaaS-based (or cloud-based) platform. FastCollab has built a very simple platform to run payroll without much effort.

In FastCollab Payroll, you can:
1. Customize salary components and create multiple salary structures
2. Generate 100% accurate payslips with statutory compliance
3. Access all customer payroll reports in one place (e.g., PF, PT, ESI, TDS, Form24Q)

It comes with Employee Self Service login, where you can:
1. Ask employees to fill IT Declaration online
2. Allow them to apply leaves online to calculate Loss of Pay
3. Provide access to their payslips online

For more details, simply visit the website: FastCollab | Marketplace | All-In-One Platform and create a free sign-up.

From India, Hyderabad
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PayWheel is the best cloud-based, web-based, multi-user HR & Payroll Software Management for India, which is well-suited for online payroll software solutions.

For More Details: PayWheel

From India, Bengaluru
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Hi all,

This is Sivarasu J. I am working in a growing company where I am handling payroll management for the first time. I would like to know what registers are required in payroll and what reports need to be shown to our MD at the end of the month. Kindly provide me with the necessary details. If you have a format available, please share the data with me.

Thanks & Regards,

Sivarasu J
8098895151
Sivarasu003@gmail.com

From India, Chennai
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Kredily is India’s only free HR & Payroll software and has been trusted by 1000+ companies. A few benefits of using Kredily Payroll software are.
Completely customizable salary structures: With Kredily you can custom create salary structures as per your organization’s changing requirements and assign them to your employees.
Clock-in & Clock-out: Track your employees in-time, out-time, breaks taken and total duration of breaks, with Kredily’s ‘Web Clock-in’ feature. You can define settings to make sure attendance is calculated only on clocking the set number of hours.
Location-based attendance: Track your employees' attendance location, when and where they clock-in to mark attendance.
Biometric integration: Kredily provides integration services with ESSL and is working on biometric integration with other major players in the industry.
Customizable attendance & leave rules: Custom define work week cycles, weekly offs, clock-in cut-off time, multiple shift rules, and manage how your employees' are assigned leave rules and how they can avail them.
Centralized data: View your company’s entire attendance log at one-place and track all your employees' attendance & leave activity.
Tax declarations made easy: We understand the hassles you and your employees have to face when it comes to tax declarations. We’ve taken the liberty to simplify the entire process for your employees to declare their investments and for you to approve/reject them.
Statutory compliant: We at Kredily understand the importance of complying with the statutory rule and have simplified most compliance functions to make your life that much simpler.
Data security guaranteed: We take data security very seriously because under no circumstance should your company’s and employees’ data be compromised. We’ve taken the necessary steps to enforce stringent security protocols to safeguard all your data with us.
UI/UX: A poor design means a poor experience. In today’s tech-savvy world, a poor experience means an inevitable death of the product. It’s essential that the software you choose is intuitive and easy-to-use not just for you but for all your employees as well. After all, you wish to make your life simpler using tools to automate your tasks not get lost in the clutter of a poor design.
Support/Implementation: HR is a critical function for any company. Right from managing employees to running payrolls, a small error could often have a cascading effect. It is important that any software you choose provides you with the initial help to implement the software for your organization and support you through your journey till you’re well versed with the software

From India, Bengaluru
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In India, the payroll process can be segregated into different activities by stages. In general, they are:

1. Pre-Payroll Activities
a) Defining payroll policy
b) Gathering the inputs
c) Input validation

2. Actual payroll process
a) Payroll calculation

3. Post-payroll process
a) Statutory compliance
b) Payroll accounting
c) Payout
d) Reporting
e) Regulatory compliance in Indian payroll

Please let me know if you need further clarification or information.

From India, Chennai
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Hi, I am new in this field. I am a science graduate student. Luckily, I was given a chance to work as an assistant HR. I am interested and excited to learn new things. Currently, I will maintain the records, filing, attendance through biometric systems, and assist in payroll calculations, PF complaints like PF withdrawal, KYC uploading, etc.

I want to learn more about the HR department, systems, roles, and efficiency. I am looking for guidance on how to calculate basics like the ideal format for PF, PF challan, etc., step by step. Please guide me as a student.

From India, Nagpur
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