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Payroll Processing Guide in Tally Prime

This document is a comprehensive guide for payroll processing in Tally Prime, detailing steps to enable payroll, create pay heads, and set up employee masters. It includes instructions for processing payroll and generating various reports for compliance. The guide uses sample data for three employees to illustrate the process.

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26 views2 pages

Payroll Processing Guide in Tally Prime

This document is a comprehensive guide for payroll processing in Tally Prime, detailing steps to enable payroll, create pay heads, and set up employee masters. It includes instructions for processing payroll and generating various reports for compliance. The guide uses sample data for three employees to illustrate the process.

Uploaded by

iyyapanstellarp
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Detailed Guide for Payroll Processing in Tally Prime

This document provides a detailed step-by-step guide to set up pay heads,

create employee masters, process payroll, and generate reports in Tally Prime

using the given sample data for three employees.

Step 1: Enable Payroll in Tally Prime

1. Open Tally Prime and load your company.

2. Go to Gateway of Tally > F11 (Features) > Accounting Features.

3. Enable the option Maintain Payroll and press Enter.

4. Enable Maintain More Than One Payroll/Cost Category if applicable.

5. Accept the screen to save the settings.

Step 2: Create Pay Heads

1. Go to Gateway of Tally > Payroll Info > Pay Heads > Create.

2. Create the following Earnings pay heads:

- Basic Salary: Set as Earnings for Employees with Calculation Type: On Attendance or Flat Rate.

- HRA, Conveyance Allowance, Special Allowance, Overtime Pay, Bonus.

3. Create the following Deductions pay heads:

- Provident Fund: Set as Deductions from Employees. Use Contribution Type: PF.

- Employee State Insurance (ESI).

- Professional Tax.

- TDS.

Step 3: Create Employee Masters

1. Go to Gateway of Tally > Payroll Info > Employees > Create.

2. Create employees Employee A, Employee B, and Employee C:

- Assign them to a relevant group (e.g., Staff or Workers).


- Enter their personal details (optional).

3. Assign pay heads to each employee:

- Navigate to Employee Alteration > Employee Salary Details.

- Add pay heads and specify the amount for each.

Step 4: Process Payroll

1. Go to Gateway of Tally > Payroll Vouchers > F5: Payment.

2. Select Employee Group or an individual employee.

3. Enter salary components for each employee:

- Earnings (e.g., Basic Salary, HRA).

- Deductions (e.g., PF, ESI, TDS).

4. Accept the voucher to save the payroll processing for each employee.

Step 5: Generate Payroll Reports

1. Go to Gateway of Tally > Display > Payroll Reports.

2. Generate:

- Pay Slips for each employee.

- Salary Register for a summarized view of salaries.

- Statutory Reports for compliance with PF, ESI, and TDS.

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