Tally 9.0

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<ul><li>1.<ul><li>Payroll in Tally.ERP 9 </li></ul></li></ul><ul><li>Payroll in Tally.ERP 9 </li></ul><p>2. Payroll Features of Tally.ERP 9 </p> <ul><li>Tally.ERP 9 Payroll is fully integrated with Accounting. </li></ul><ul><li>Tally.ERP 9 Payroll enables users to set up, implement and process Payroll,as per the organizations requirements.</li></ul><ul><li>Tally.ERP 9 Payroll also provides management related Information reports and statutory Forms and reports in the prescribed formats viz.,Payslip, Payroll statements, Attendance and Overtime Registers, Gratuity, Expat Reports and so on. </li></ul><p>3. Payroll Features of Tally.ERP 9 </p> <ul><li>Unlimited grouping of Payroll Masters. </li></ul><ul><li>User-defined production units i.e., attendance/ production/ time based remuneration units. </li></ul><ul><li>Flexible payroll processing period. </li></ul><p>4. Payroll Features of Tally.ERP 9 </p> <ul><li>Comprehensive cost centre as well as employee-wise costing reports. </li></ul><ul><li>Accurate &amp; timely Salary processing. </li></ul><ul><li>Employee Statutory Deductions &amp; Employer Statutory Contributions with the help of predefined processes </li></ul><ul><li>Auto-fill facility to expedite the Attendance, Payroll &amp; employer contributions processes. </li></ul><ul><li>Facilitates an accurate computation and deduction ofESI, EPF, Professional Tax, Gratuityetc. </li></ul><p>5. Payroll Features of Tally.ERP 9 </p> <ul><li>Generation of Statutory Forms &amp; Challans for EPF &amp; ESI,as prescribed by the Govt . </li></ul><ul><li>Drill-down facility to voucher level for any kind of alteration. </li></ul><ul><li>Facilitates computation of arrears pertaining to prior period(s). </li></ul><ul><li>Helps in tracking employee loan details. </li></ul><p>6. Payroll Reports 7. Payroll Statutory Reports 8. Provident Fund Reports 9. Employee State Insurance Reports 10. Professional Tax Reports 11. To enable Payroll Feature in Tally.ERP 9 12. To enable Payroll Feature in Tally.ERP 9 ESI Eligibility Amount specified in Payroll Statutory Details screen is the threshold limit,beyond which the Employee will not be eligible for ESI . 13. Step 1: Create Employee Masters CreateEmployeeMaster EmployeeGroups EmployeeMasters 14. Step 2: Create Payroll Masters CreatePayrollMaster Payroll Units Attendance/ Production Types 15. Step 3: Create Pay Heads CreatePay Heads Earnings Deductions EmployeesStatutory Deductions Employers Statutory Contributions 16. Step 4: Create Salary Details CreateSalary Details Group Pay Structure Individual Pay Structure 17. Step 5: Process Payroll and Generate Payslip </p> <ul><li>Pass a Payroll Voucher to enter all Earnings and Deductions in payroll transactions that are paid along with the Salary Payslip for all employees. </li></ul><ul><li>Generate the Payslip with the following details </li></ul><ul><li><ul><li>each component of the employeesearnings and deductions, </li></ul></li></ul><ul><li><ul><li>displays thenet amount paidto him for a given pay period. </li></ul></li></ul><p>18. Step 5: Process Payroll and Generate Payslip Process Payroll Attendance Process Payroll Process Payroll Reports 19. Five Easy Steps to Generate a Payslip 20. Payroll Info. 21. Creating Employee Group </p> <ul><li>An Employee Group allows you to group employees in a logical manner as required. </li></ul><ul><li>The Salary structure can be defined at the Employee Group level.</li></ul><ul><li>For example, you can create theSalary structure based on the department or function such as Production, Sales, Administration and so on,orby designation such as Managers, Supervisors, Workers and so on. </li></ul><p>22. Creating Single Employee Group 23. Creating Multiple Employee Groups 24. Creating Employees </p> <ul><li>Employee Master records the relevant information about the employee.</li></ul><ul><li>Tally.ERP also allows you to enter the Statutory, Expat and Contract details of the employees.</li></ul><p>25. Creating Single Employee 26. Creating Multiple Employees 27. Creating Payroll Unit </p> <ul><li>APayroll UnitissimilartoUnit of Measureused in the Inventory module.</li></ul><ul><li>In Payroll, on the basis of Payroll Units, Pay components are calculated for a given period.</li></ul><ul><li>We can createSimple as well as Compound Payroll Unitsmeasured onAttendance / Production Types such as Time, Work or Quantity. </li></ul><p>28. Creating Payroll Simple Unit </p> <ul><li>1.Select Type as Simple </li></ul><ul><li>2.Enter the Symbol for the Unit </li></ul><ul><li>3.Enter the Formal Name </li></ul><ul><li>4.Provide the Number of Decimal Places for the Unit if you want to use the Unit in fractions </li></ul><p>29. Creating Payroll Simple Unit Similarly, we can create the other Payroll UnitslikeMinutes, Hours, Pieces etc. 30. Creating Payroll Compound Unit </p> <ul><li>Compound Units for Payroll, comprising of two payroll Units can be created.</li></ul><ul><li>ExampleBox of 10 Nos ,Dozen of 12 Pcs ,Hr of 60 Mins etc. </li></ul><p>31. Creating Payroll Compound Unit 32. Creating Attendance/Production Types </p> <ul><li>The Attendance/ Production type is used to record the attendance and production data.</li></ul><ul><li>Examples for attendance/ production typesareNo. of days present or conversely, No. of days Absentandproduction based such as Hours worked, Number of Pieces produced . </li></ul><p>33. Creating Attendance/Production Types </p> <ul><li>Attendance/Production Type is associated with the Pay Head in employees Pay structure.</li></ul><ul><li>The variable data is entered in the Attendance voucher for the payroll period. </li></ul><ul><li>Attendance/Production Types may also be defined in hierarchical groups whereby Types having a common Unit are combined under logical groups. </li></ul><p>34. Creating Attendance/Production Types </p> <ul><li>The Attendance/Production Type may beAttendance/leave with pay,</li></ul><ul><li><ul><li>Leave without Pay and</li></ul></li></ul><ul><li><ul><li>Production type which can be based on Piece Production, Overtime Hours, and so on.</li></ul></li></ul><p>35. Creating Attendance Type </p> <ul><li>Similarly we can create Absent Attendance Type as Leave without Pay for recording negative attendance in the same manner. </li></ul><p>36. Creating Production Type </p> <ul><li>Similarly, you can create the other Attendance/Production Types, as per your business requirements. </li></ul><p>37. Calculation Types 38. Flat Rate </p> <ul><li>Where the value of the Pay head is a fixed amount for a period . ( Pro-rata will not happen in this type of the component). </li></ul><ul><li>Examples of Flat Rate Calculation Type: </li></ul><ul><li>Conveyance Allowanceof Rs. 800.00 per month is exempt from tax and followed by many organisation. </li></ul><ul><li>Fixed Loan Installmentdeduction amount. </li></ul><p>39. Calculation Types </p> <ul><li>Flat Rate </li></ul><ul><li>On Attendance </li></ul><p>40. On Attendance </p> <ul><li>Based on the attendance data where the component willget pro-rated .</li></ul><ul><li>In Tally.ERP 9 the attendance can be recorded as positive days (Present) or loss of pay (Absent) type. </li></ul><ul><li>Example:Basic Salaryis calculated on Attendance. </li></ul><p>41. Calculation Types </p> <ul><li>Flat Rate </li></ul><ul><li>On Attendance </li></ul><ul><li>Attendance /Leave with pay </li></ul><p>42. Attendance /Leave with pay </p> <ul><li>If you want to calculate the Pay Head Value using thePositive Attendance (Present) </li></ul><p>43. Calculation Types </p> <ul><li>Flat Rate </li></ul><ul><li>On Attendance </li></ul><ul><li>Attendance /Leave with pay </li></ul><ul><li>Leave without Pay </li></ul><p>44. Leave without Pay </p> <ul><li>To calculate the Pay Head Value using theNegative Attendance(Absent). </li></ul><p>45. Calculation Types </p> <ul><li>Flat Rate </li></ul><ul><li>On Attendance </li></ul><ul><li>Attendance /Leave with pay </li></ul><ul><li>Leave without Pay </li></ul><ul><li>On Production </li></ul><p>46. On Production </p> <ul><li>On Production Calculation Type is used to calculate the pay value based on the Production/Work down.</li></ul><p>47. Calculation Types </p> <ul><li>Flat Rate </li></ul><ul><li>On Attendance </li></ul><ul><li>Attendance /Leave with pay </li></ul><ul><li>Leave without Pay </li></ul><ul><li>On Production </li></ul><ul><li>As Computed Value </li></ul><p>48. As Computed Value </p> <ul><li>As Computed Value is used if the Pay Head value is based on a dependent component.</li></ul><ul><li>You will be able to define the dependent component by specifying the formula or using the current sub-total or current earning or deduction total.</li></ul><ul><li>You can also define the slab either by percentage to value or the combination in a slab. </li></ul><ul><li>Example:HRA as 40% of Basic Salary . </li></ul><p>49. Calculation Types </p> <ul><li>Flat Rate </li></ul><ul><li>On Attendance </li></ul><ul><li>Attendance /Leave with pay </li></ul><ul><li>Leave without Pay </li></ul><ul><li>On Production </li></ul><ul><li>As Computed Value </li></ul><ul><li>As User defined Value </li></ul><p>50. As User defined Value </p> <ul><li>As User defined Value allows you to manually enter the value at the time of processing the salary.</li></ul><ul><li>This Calculation Type is usedwhen the value of pay is not fixed and does not depend upon any pay components. </li></ul><ul><li>Example:Incentives or Variable Salary. </li></ul><p>51. Compute -On Current Deductions Total</p> <ul><li> This Calculation Type is usedwhen the value of a Pay Head depends upon the total of the deductionspay heads previously defined. </li></ul><p>52. Compute -On Current Earnings Total </p> <ul><li>When thevalue of a Pay Head depends upon the total earningspay heads previously defined. </li></ul><p>53. ComputeOn Current Sub Total </p> <ul><li>When thevalue of a Pay Head depends upon the net totals of earnings and deductionspreviously defined. </li></ul><p>54. ComputeOn Specified Formula</p> <ul><li>Tally.ERP 9 allows the addition and subtraction of pay heads already defined in the pay structure and multiplication and divisions using Attendance Types.</li></ul><ul><li>For example, HRA is computed as 40% of the basic salary.</li></ul><p>55. Creating Earnings Pay Head </p> <ul><li><ul><li>Attendance basedEarnings Pay Head </li></ul></li></ul><ul><li><ul><li>Computation basedEarnings Pay Head </li></ul></li></ul><ul><li>Flat Rate basedEarnings Pay Head </li></ul><ul><li>Production basedEarnings Pay Head </li></ul><ul><li>User DefinedEarnings Pay Head </li></ul><p>56. CreatingAttendance based EarningsPay Head 57. CreatingComputation based EarningsPay Head </p> <ul><li>Similarly, we can create the Pay Head for Dearness Allowance (DA). </li></ul><p>58. CreatingFlat Rate based EarningsPay Head 59. CreatingProduction based EarningsPay Head </p> <ul><li>Similarly, the Pay Heads for Piece Rate or Box Production can be created. </li></ul><p>60. CreatingUser Defined EarningsPay Head 61. CreatingBonusPay Head 62. Creating Employee Deductions Pay Head </p> <ul><li>General Deductions(e.g. Canteen Deductions) </li></ul><ul><li>Salary Advance Deduction Pay Head </li></ul><ul><li>Income Tax Deduction Pay Head </li></ul><p>63. CreatingCanteen DeductionPay Head 64. CreatingIncome Tax DeductionPay Head </p> <ul><li>Note: Currently, the Income Tax Amount for the Employees needs to be calculated separately and entered while processing the payroll Voucher. </li></ul><p>65. CreatingEmployees' Statutory DeductionsPay Heads </p> <ul><li>Employees'PF DeductionPay Head </li></ul><ul><li>Employees'ESI DeductionPay Head </li></ul><ul><li>Professional TaxPay Head </li></ul><p>66. CreatingEmployees' PF DeductionPay Head Similarly, you can create the Pay Head for Voluntary Provident Fund Deduction also. Note: To restrict the PF Deduction to Rs. 780, you can specify 12% in the Value Basis and 0 to 6500 in the From Amount and Amount Upto fields respectively. For amount beyond 6500 the specify 780 in the Value Basis field. 67. CreatingEmployees' ESI DeductionPay Head 68. CreatingEmployees Professional Tax DeductionPay Head 69. CreatingEmployees Professional Tax DeductionPay Head 70. CreatingEmployers Statutory ContributionPay Heads </p> <ul><li>EmployersEPS ContributionPay Head </li></ul><ul><li>EmployersEPF ContributionPay Head </li></ul><ul><li>EmployersESI ContributionPay Head </li></ul><p>71. CreatingEmployers EPS ContributionPay Head 72. CreatingEmployers EPS ContributionPay Head 73. CreatingEmployers EPF ContributionPay Head 74. CreatingEmployers ESI ContributionPay Head 75. CreatingEmployers ESI ContributionPay Head 76. CreatingGratuityPay Head 77. CreatingSalary Advance DeductionPay Head Note: In case if the interest is also recovered from the Employees salary for the Loan/Advance given, Interest calculation feature can be used to calculate the EMI for each month and the same can be recovered by selecting the Calculation Type as Flat Rate. 78. CreatingReimbursementPay Head 79. CreatingEmployers Other ChargesPay Heads </p> <ul><li>PF Admin Charges Pay Head </li></ul><ul><li>Employees Deposit Linked Insurance (EDLI)Contribution Pay Head </li></ul><ul><li>EDLI Admin Charges Pay Head </li></ul><p>80. CreatingPF Admin ChargesPay Head </p> <ul><li>Note: This Pay Head will not be included in the Salary Details for the Employees as this is an employer related expense and needs to be handled separately. </li></ul><p>81. CreatingEDLI ContributionPay Head </p> <ul><li>Note: This Pay Head will not be included in the Salary Details for the Employees as this is an employer related expense and needs to be handled separately. </li></ul><p>82. CreatingEDLI Admin ChargesPay Head </p> <ul><li>Note: This Pay Head will not be included in the Salary Details for the Employees as this is an employer related expense and needs to be handled separately. </li></ul><p>83. Defining Salary Structure 84. CreatingSalary DetailsforEmployee Group 85. CreatingSalary Detailsforan Employee 86. CreatingSalary Detailsforan Employee 87. CreatingPayable Ledgers </p> <ul><li>Salary PayableLedger </li></ul><ul><li>PF PayableLedger </li></ul><ul><li>ESI PayableLedger </li></ul><ul><li>PF Admin ExpensesLedger </li></ul><p>88. CreatingSalary PayableLedger 89. CreatingPF PayableLedger </p> <ul><li>Similarly, you can create theESI PayableandPF PayableLedgers. </li></ul><p>90. CreatingESI PayableLedger </p> <ul><li>Similarly, you can create theSalary PayableandPF PayableLedgers. </li></ul><p>91. CreatingPF Admin ExpensesLedger 92. Voucher Typesin Tally.ERP 9 Payroll </p> <ul><li>Attendance Voucheris used to record employees Attendance / Production data for the Attendance/Production Types created in Payroll Masters.</li></ul><ul><li>Payroll Voucheris a document to manually enter one-time/ad-hoc payroll transactions for individual employees; as well as Payroll processing activity for all or selected employees, using Auto Fill functionality. </li></ul><p>93. PAYROLL PROCESS </p> <ul><li>1.Recording Attendance / Production </li></ul><ul><li>2.Processing Payroll Vouchers </li></ul><ul><li>3.Processing Employer PF Admin Expenses </li></ul><ul><li>4.Payment of Salary </li></ul><ul><li>5.Payment of PF </li></ul><ul><li>6.Payment of ESI </li></ul><ul><li>7.Payment of PT </li></ul><p>94. CreatingAttendance / Production Voucher </p> <ul><li>Enter Attendance, Overtime, Leave or Production details.</li></ul><ul><li>Enter separate vouchers for each day or</li></ul><ul><li>Enter a single voucher for a given pay period, say a month, with aggregated values.</li></ul><ul><li>Enter data for one or more or all employees.</li></ul><ul><li>Enter one or more Attendance types together in a single voucher. </li></ul><p>95. Attendance Voucher Manual Entry 96. Attendance Voucher using Auto Fill 97. CreatingPayroll Vouchers </p> <ul><li>Record the Payroll related data for Employees and Employers contribution.</li></ul><ul><li>Enter separate vouchers for each day or </li></ul><ul><li>Enter a single voucher for a given pay period, say a month, with aggregated values.</li></ul><ul><li>Enter data for one or more or all employees. </li></ul><p>98. CreatingPayroll Vouchers </p> <ul><li>Employees PF, ESI and PT contributions are processed along with Salary Process during Payroll.</li></ul><ul><li>Payment in respect of PF, ESI and PT has to be made separately. </li></ul><p>99. Salary Process 100. Salary Process 101. PF Process 102. PF Process 103. ESI Process 104. Employer PF Admin Charges Processing 105. Salary Payment 106. PF Payment 107. PF Payment 108. PF Payment 109. PF Payment 110. 111. ESI Payment 112. ESI Payment 113. ESI Payment 114. ESI Payment 115. 116. Professional Tax Payment 117. Professional Tax Payment 118. Payroll Reports 119. Statements of Payroll 120. Payslip 121. Pay Sheet </p> <ul><li>Pay Sheetis a matrix report with category, groups and employees cascading in rows, and Pay Heads appears as columns. The default report contains all earnings and deduction details for a given month or period with a number of options to reconfigure the appearance of rows and columns.</li></ul><ul><li>Format of the pay sheet report may be configuredto serve as a Salary/Wage register as required by the organization.</li></ul><ul><li>The selection of data can be filteredbased on a given category or group of employees. </li></ul><p>122. Pay Sheet </p> <ul><li>Go to Gateway of Tally &gt; Display &gt; Payroll Reports &gt; Statement of Reports &gt; Pay Sheet </li></ul><p>123. Payroll Statement </p> <ul><li>. </li></ul><p>Payroll Statement report allows you to generate the report for a specific Pay Head/Ledger 124. Payment Advice </p> <ul><li>The Payment Advice report is used to generate Payment Advice / Bank Transfer letters to transfer Salary Amount from a specific bank account to the respective bank accounts of the employees based on the Salary Pa...</li></ul>