How payroll works?

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mohanparmar

  • Aug 17th, 2010
 

An employe works his/her hours which are designated by the company, which in turn makes up your wages (Over-Time). Deductions are made accordingly and recorderd. Tax and NI are paid to HRMC, Monthly, Quarterly, End of year.

PURAN

  • Aug 23rd, 2011
 

Hi it works as under mentioned.
-the input (Attendance with new joinee,left) is received.
-On the base of the same is salary is processed and
Sent to the clients.
Regards
Puran Dangwal

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Harshini

  • Nov 13th, 2014
 

while calculating salary, we should consider the following
1. upload attendance
2. LOP of employees
3.Increment
4.Deductions like TDS,PT,PF,ESI,etc

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Payroll, at its most basic, is the process by which an employer pays an employee for work performed. If you own your own business, but don't have any employees, then you don't have to worry about payroll. But as soon as you hire your first worker, you have a responsibility to pay that employee on time and the correct amount.

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