Dear Members
Good Morning/Afternoon
i am in a big problem , i work as HR Generalist in ESn software technology in which company strength is almost 200 employees
I have been told to prepare payroll inputs for payroll processing of employee
This role is completely new for me
kindly help by ur comments
What exactly payroll inputs i have to provide for calculations
Please share any Software copy if u have , so that it will be very easy for me to catch the points
Warm Regards
shekar
From India
Good Morning/Afternoon
i am in a big problem , i work as HR Generalist in ESn software technology in which company strength is almost 200 employees
I have been told to prepare payroll inputs for payroll processing of employee
This role is completely new for me
kindly help by ur comments
What exactly payroll inputs i have to provide for calculations
Please share any Software copy if u have , so that it will be very easy for me to catch the points
Warm Regards
shekar
From India
Hi Shekar,
Payroll is the salary processing system.
Payroll can be seen from two aspects. One is from HR side and other from commercial people side. The HR persons process the payroll by means of sending attendance details or better say LWP details and other complete details that an employee is going to get in a particular month.
And after receiving those details the commercial people start making entry into payroll software and can be said start salary processing.
Well while processing salary fro a particular month we the HR personals provide complete LWP (Leave without Pay) details to the commercial dept.
While calculating LWP, we prepare the attendance sheet with teh weekly offs. And apart from weekly offs we check how many days an employee is absent, out of which how many days he was on leave that we crosscheck with leave applications. If the particular employee has given the approved leave application form and that leave is been there in his account then we put him on leave.
But If the person has not submitted the leave application form or he doesn't have any leave in his balance then for that particular day that employee will be assumed absent, and we will deduct his salary for that day.
Similarly if there is any provision to provide one days extra salary for an specific day if the employee does come, then we calculate one day extra salary for those employees who were present on that day.
I hope now it will be very much clear to you.
Regards,
Amit Seth.
From India, Ahmadabad
496Payroll is the salary processing system.
Payroll can be seen from two aspects. One is from HR side and other from commercial people side. The HR persons process the payroll by means of sending attendance details or better say LWP details and other complete details that an employee is going to get in a particular month.
And after receiving those details the commercial people start making entry into payroll software and can be said start salary processing.
Well while processing salary fro a particular month we the HR personals provide complete LWP (Leave without Pay) details to the commercial dept.
While calculating LWP, we prepare the attendance sheet with teh weekly offs. And apart from weekly offs we check how many days an employee is absent, out of which how many days he was on leave that we crosscheck with leave applications. If the particular employee has given the approved leave application form and that leave is been there in his account then we put him on leave.
But If the person has not submitted the leave application form or he doesn't have any leave in his balance then for that particular day that employee will be assumed absent, and we will deduct his salary for that day.
Similarly if there is any provision to provide one days extra salary for an specific day if the employee does come, then we calculate one day extra salary for those employees who were present on that day.
I hope now it will be very much clear to you.
Regards,
Amit Seth.
From India, Ahmadabad
Hello Shekar,
Payroll
Payrolll is the financial record of employees' salaries, wages, bonuses, net pay, and deductions. Payroll involves the disbursement of funds to company employees and the management of the myriad withholdings related to taxes and retirement plans. Managing payroll can become quite complicated due to the diverse types of employees a company may employ; full-time, part-time, salaried exempt, salaried non-exempt, contractor, etc. This leads many companies to outsource their payroll to external companies. Payroll is one of a series of accounting transactions dealing with the process of paying employees for services rendered, after processing of the various requirements for withholding of money from the employee for payment of payroll taxes, insurance premiums, employee benefits, garnishments and other deductions.
Salary
A salary is a form of periodic payment from an employer to an employee, which is specified in an employment contract. From the point of view of running a business, salary can also be viewed as the cost of acquiring human resources for running operations, and is then termed personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. Salary means the employee's rate of pay (in accordance with the pay rates) will be salary for all purposes, including superannuation (subject to relevant superannuation scheme rules), overtime, severance and termination payments. Participation in salary sacrifice arrangements or purchase leave options will not affect salary for these purposes.
Payroll Software
Payroll Software is a computer application which automates the payroll processing. It covers several aspects of Payroll Including Employee Master data, Salary structures and heads in an organization, Respective methods for calculation of Salary Heads and Employee salary values. Further it creates the reports such as Paychecks/Payslips, Salary sheets and other required reports towards payroll outputs. To know more detailed description on Payroll software, you can check at Payroll Software India website.
Salary Software
Salary Software is a computer application which automates the Salary processing. It covers several aspects of Salary Including Employee Master data, Salary structures and heads in an organization, Respective methods for calculation of Salary Heads and Employee salary values. Further it creates the reports such as Salary checks/Payslips, Salary sheets and other required reports towards Salary outputs. To know more detailed description on Salary software, you can check at Salary Software India website.
For more HR Functions you may click at HR Payroll India Software Employee Benefit, PF, TDS, ESIC, Salary, Cost to Company (CTC) and write at
for more information or answere at forums.
Hope we can help you.
Gurmeet Kaur
From India, Delhi
Payroll
Payrolll is the financial record of employees' salaries, wages, bonuses, net pay, and deductions. Payroll involves the disbursement of funds to company employees and the management of the myriad withholdings related to taxes and retirement plans. Managing payroll can become quite complicated due to the diverse types of employees a company may employ; full-time, part-time, salaried exempt, salaried non-exempt, contractor, etc. This leads many companies to outsource their payroll to external companies. Payroll is one of a series of accounting transactions dealing with the process of paying employees for services rendered, after processing of the various requirements for withholding of money from the employee for payment of payroll taxes, insurance premiums, employee benefits, garnishments and other deductions.
Salary
A salary is a form of periodic payment from an employer to an employee, which is specified in an employment contract. From the point of view of running a business, salary can also be viewed as the cost of acquiring human resources for running operations, and is then termed personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. Salary means the employee's rate of pay (in accordance with the pay rates) will be salary for all purposes, including superannuation (subject to relevant superannuation scheme rules), overtime, severance and termination payments. Participation in salary sacrifice arrangements or purchase leave options will not affect salary for these purposes.
Payroll Software
Payroll Software is a computer application which automates the payroll processing. It covers several aspects of Payroll Including Employee Master data, Salary structures and heads in an organization, Respective methods for calculation of Salary Heads and Employee salary values. Further it creates the reports such as Paychecks/Payslips, Salary sheets and other required reports towards payroll outputs. To know more detailed description on Payroll software, you can check at Payroll Software India website.
Salary Software
Salary Software is a computer application which automates the Salary processing. It covers several aspects of Salary Including Employee Master data, Salary structures and heads in an organization, Respective methods for calculation of Salary Heads and Employee salary values. Further it creates the reports such as Salary checks/Payslips, Salary sheets and other required reports towards Salary outputs. To know more detailed description on Salary software, you can check at Salary Software India website.
For more HR Functions you may click at HR Payroll India Software Employee Benefit, PF, TDS, ESIC, Salary, Cost to Company (CTC) and write at
Hope we can help you.
Gurmeet Kaur
From India, Delhi
Hi,
I am Hasamukh Gami right now looking for the core HR job. I have completed Master of Human Resource Management at Gujarat Vidhyapith, Ahmedabad. I have good knowledge of recruitment-selection, HR Administrtive, performance management system, and safety and welfare facility. I have also know labour laws. I have completed graduation at North Gujarat University, Patan. I am looking job with your kind reference.
thanking you,
From India, Pune
I am Hasamukh Gami right now looking for the core HR job. I have completed Master of Human Resource Management at Gujarat Vidhyapith, Ahmedabad. I have good knowledge of recruitment-selection, HR Administrtive, performance management system, and safety and welfare facility. I have also know labour laws. I have completed graduation at North Gujarat University, Patan. I am looking job with your kind reference.
thanking you,
From India, Pune
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Payroll.xls
Payroll.doc
Folklore Payroll.pdf