Discussion regarding process of payroll management - mis format
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joyneo04 Started The Discussion:

Dear All,
I am working with a payroll management company.Here i am attaching the details procedure followed by me in regular operation as well as the MIS.Please go through the payroll process attachment,Joining kit and MIS format.In case u have some better idea or any suggestion or if some of you are following some other processes then please update it in the forum,or if u like to discuss about any thing then please discuss it so that if i am following any lenghty process or if any of u have any better idea to do the tasks.Looking for a positive response from all of you....


Attached FilesProvided by community member joyneo04. Join us to learn and grow with your peers.
File Type: doc Joining Kit.doc (13.5 KB, 2620 views)
File Type: xls MIS.xls (8.5 KB, 2702 views)
File Type: doc Payroll Process .doc (14.0 KB, 6127 views)
joyneo04 -  Member Since: Aug 2008
This is really sad that no body is interested in payroll management....i expected a lot of suggestion from everyone as well as tried to share my style of work....but no body even cares to visit the discussion.....really sad.......

joyneo04 -  Member Since: Aug 2008
still no comments....so whether i should think that no body is interested in the same......

Prasad Thogaramudi -  Member Since: May 2009
Hello Satya,

Now,i got some useful information from you. I have query regarding TDS...If we deduct PF , then can we deduct TDS ? According to my knowledge the TDS is deducted for contractors or professional. Could you please clear my query ?

joyneo04 -  Member Since: Aug 2008
yes you can deduct the tds...but you have to give the tds cerificate at the end of the financial year for all the four quarter.......

arunanunna -  Member Since: Aug 2008
Hello satya can you please tell me about briefly how to do payroll calculation in excel because i m new to this i m into recruitments can you please help me out in this Regards Aruna

malathivachu -  Member Since: Jan 2009
Hello Satya am into recruitment i wanna learn about payroll and leave deductions can u plz help me out. Regards Malathivachu

sharmapriti -  Member Since: Mar 2012
Hi Satya The information provided by you is really useful and precise to easily go through this. I am also interested in learning Payroll in Excel, if you can help me in this. Regards Ria

rhinoramanan -  Member Since: May 2008
Quote:
Originally Posted by joyneo04 View Post
yes you can deduct the tds...but you have to give the tds cerificate at the end of the financial year for all the four quarter.......
dear friend
deducting tds is not for contractors and professionals only
it is obligatory for every employer to deduct tds and deposit monthly for all those individuals who come into tax bracket
in the beginning of the year you should obtain data from the individuals on savings proposed and any other deduction eligible .
U must compute the anticipated tax and deduct 1/12 or 1/10 of it and deposit to it. It will get reflected in individual it web page.
Incidentally not recovering is a crime and punishable.
Pl talk to the chartered accountant of your company for help.
Blessings
dr ram




 
 
 
 





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