What all responsibilities comes under handling the organisation's payroll system?

chinta.ramesh1
hai guys. i worked as hr recruiter but now i just wants to turn my career into payroll ..but i don't Know anything about how to caluculte basic ,hra, da, ta.. and how much those shpuld be...can you provide those
FastCollab
Hi Folks,
You can look for Online Payroll Management System by FastCollab to manage your employees' payroll process.
It comes with:
1. Employee Self -service login
2. Employees can do IT declaration along with attaching proofs
3. Employees can apply Leaves online
4. Access their payslips
5. Employers can generate statutory reports like - PT, PF, ESI, TDS and others.
Simply create a FREE Sign-up on the FastCollab. Our team will guide out on how to go about it.
FastCollab | B2B Marketplace | Software for SMBs
Vishnupriya S
Hi,
Some of the duties of a HR handling payroll would be:
1. Updating the employee database
2. Handling Attendance which will be used for computing salary
3. Processing payroll- Accurate salary computation for each employee taking in fixed wages, variable, bonus and deductions.
4. Releasing payslips every month for all employee
5. Salary revisions
6. Handling leaves
7. Reimbursements
8. Arrears
9. Full and final settlement during employee exit
10. Monitoring all PF and ESIC formalities and more
All these responsibilities are time consuming and prone to manual error. To avoid this, you can probably check out various Payroll software https://www.greythr.com/in/ which manages all your payroll, PF, TDA, ESI for your employees.
kamal panday
How salary is calculated. Basic÷30*present day. If any present 22 day..and leave is 4 days and 4sunday.then how it is calculated bcs if we calculated as his 22present day then wht about his Sundays and leave with pay wages... How include in salary formula as present days r differ from one employee to another employee. Pls help.....give one formula which shud be applicable to all employees.
facto-hr
Here are the basic duties of HR
1. Employee Self -service login
2. Employees can do IT declaration along with attaching proofs
3. Employees can apply Leaves online
4. Pay slip, Salary register and attendance register etc
facto-hr
Here is the basic duties of HR
1. Employee Self -service login
2. Employees can do IT declaration along with attaching proofs
3. Employees can apply Leaves online
4. Pay slip, Salary register and attendance register etc.
For more details : <a href="https://factohr.com">payroll software</a>
lwohr
Thanks for your suggestions shall any one help in Excel format all the above. Is it possible.
Regards,
Mohana
debora-sumopayroll
Whether you have a single paid employee or run a small business with many employees, you need to pay attention to payroll. However, payroll involves more than cutting a few checks. Good payroll management is comprised of several different functions that help you properly pay your employees and keep your business compliant with government regulations.
Payroll Responsibilities:
1. Processing Paychecks
2. Handling Payroll Taxes
3. Keeping Records (Regular hourly pay rate, Hours worked each day, Employee's full name and social security number)
4. Employee Accessibility
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