Add Employee CTC
The Add Employee CTC form documents an employee’s Cost to Company (CTC) details, ensuring accurate payroll management. It includes:
- 🔹 Employee Information: Employee Name, Date of Joining.
- 🔹 CTC Details: Annual CTC, Start Month, Revision Due Month, Designation.
- 🔹 Salary Components: Variable Pay, Insurance, Gross Salary, Basic Salary, HRA, and other allowances.
This structured approach facilitates financial transparency and efficient salary processing
All Taxes & Deductions
This section focuses on configuring Provident Fund (PF), Employee State Insurance (ESI), and Professional Tax (PT) within an employee’s salary structure. Each field outlines the employee and employer contributions, along with the calculation basis (e.g., a percentage of basic or gross salary).
By selecting or deselecting the respective checkboxes, HR can include or exclude specific deductions as needed.
ensuring accurate payroll calculations and regulatory compliance.
Create Payroll
- 🔹 Payroll Inputs: Select Year, Month, Holidays, Workdays, and Attendance.
- 🔹 Payable Days: Auto-calculates based on workdays and unpaid absences.
- 🔹 Create Payroll: Generates payroll for employees.
- 🔹 Adjustments: Modify attendance or workdays if needed.
- 🔹 Review: Verify details before processing payroll.
- 🔹 Finalize: Save changes or discard modifications.
Accurate inputs ensure correct payroll processing and compliance.
Payroll Summary
The Payroll Summary provides a quick overview of a payroll period, including the pay period, payable days, reimbursements, pay date, total payroll cost, and employee count. It summarizes earnings, deductions, contributions, and loans while displaying the payroll status (executed or pending). The summary ensures accurate payroll calculations and financial transparency. Once verified, the EXECUTE PAYROLL button finalizes processing, enabling HR teams to efficiently complete payroll management.
Payroll Details
- 🔹 Employee Name & Emp#: Identifies the employee and unique code.
- 🔹 Month/Year: Specifies the payroll period (e.g., Feb 2025).
- 🔹 Paid Days: Displays total payable days.
- 🔹 Gross Monthly & Total Payment: Shows earnings before deductions and net paid amount.
- 🔹 Total Income & Net Salary: Summarizes earnings and take-home pay after deductions.
- 🔹 Total Deduction: Lists all deductions (e.g., PF, ESI, TDS).
- 🔹 Status: Indicates payroll status (Executed, Warning, Created, Skipped).
- 🔹 EXECUTE PAYROLL: Finalizes the payroll process.
This structured format helps HR efficiently review payroll details and resolve discrepancies.