The Payroll in Tally Software - There are several capabilities in Tally Prime that let you process and implement payroll. The Payroll menu allows you to generate the various payroll masters needed to calculate employee wages and deductions.
- Complete account connectivity for streamlined accounting and payroll processing.
- User-defined categories and subcategories for thorough reporting on elements like personnel, groups of personnel, compensation components, or departments.
- Assistance with user-specified Pay Heads for Earnings and Deductions.
- Versatile and customizable parameters for easy or difficult computations.
- Payroll Master grouping is infinite.