Format of payroll in an excel sheet - joined a company as a payroll executive

Hi, can you please tell me the format of payroll in an Excel sheet? I am new in this field and I want all the information about the payroll because I would do the salaries of the employees. Please help me - joined a company as a payroll executive. Please help me.

Thank you.

Dear Seetal.mali,

The significance of Payroll is to generate and manage employee salaries in an organization, which also consists of calculations in other contributions made thereof, tax deductions, etc. Here is a link from CiteHR that explains Payroll & Compensation methods to ensure the basic need to comprehend. https://www.citehr.com/99840-complet...pensation.html

Hi Dear,

As you have mentioned that you are new in this field, I would suggest you go through the Payroll System in India | Payroll System India. You will get the whole information about payroll software and HR payroll processing. This will help you a lot.

Hi Seetal.mali,

Here are some of the main points to start. It's late to answer you, but it can help you in the future and others as well.

1. Create a Payroll Account

The first step is to create a Payroll account. To do this, click on "Payroll" at the top right corner of the screen. Then click on "Create New Payroll Account". You will then be prompted to enter your company name, address, phone number, email address, and tax ID. Once you have entered these details, click on "Next Step".

2. Set Up Your Employees

After setting up your company, you need to set up each employee. Click on "Add Employee". Enter their full name, social security number, date of birth, gender, and job title. Next, select whether they are active or inactive. If they are inactive, you will not receive any paychecks.

3. Add Wages & Deductions

You now need to add wages and deductions. Click on "Wage Types". Select "Salary", "Social Security", and "Other Income". Under "Other Income", you can choose between "Dividends", "Interest", and "Rents".