Discussion regarding process of payroll management - mis format
CiteHR
 
HOME ANSWERED NEW ABOUT LOGIN
Home > Human Resource Section > Employee Compensation & Benefits

Discussion regarding process of payroll management

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, 2412 views)
File Type: xls MIS.xls (8.5 KB, 2468 views)
File Type: doc Payroll Process .doc (14.0 KB, 5535 views)
joyneo04 - Contributing Member
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 - Contributing Member
still no comments....so whether i should think that no body is interested in the same......

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 - Contributing Member
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 - 
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

Hello Satya am into recruitment i wanna learn about payroll and leave deductions can u plz help me out. Regards Malathivachu

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 - Contributing Member
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

Found This Useful? +Vote Up This Page Via Google.  

Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.






Explore Topical Knowledge Areas

Interesting Relevant Discussions


DISCUSSSION STATISTICS


5
LIKES

7989
VIEWS

8
REPLIES

PLEASE KEEP YOUR CONDUCT PROFESSIONAL AND POLITE


3M Users, 100K+ Documents & 450K+ Discussions

Share »

Community Support & Professional Insights. Login or Register.
Email/Username     Password  

About Us - Advertise - Contact Us - RSS   On Google+  
All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network