Indian Payroll Online Training Ecorptrainings Hyderaba

Indian Payroll Online Training Ecorptrainings Hyderaba In India .

In a company, payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll plays a major role in a company for several reasons.

From an accounting perspective, payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and they are subject to laws and regulations . From an ethics in business viewpoint payroll is a critical department as employees are responsive to payroll errors and irregularities good employee morale requires payroll to be paid timely and accurately. The primary mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct withholdings and deductions, and to ensure the withholdings and deductions are remitted in a timely manner. This includes salary payments, tax withholdings, and deductions from a paycheck.

Course Content
Introduction to Indian payroll
Indian Payroll related Info types
Indian Payroll related Wage types
Indian payroll related Transaction Codes
Payroll Area
Period Parameter
Date Modifier
Generate of payroll periods
Pay day rules
Control Record
Earliest Retroactive Accounting Date
Generate Calendar for Commutation
Feature ABKRS
Indian payroll Salary Components
Wage type Structure
Basic Pay Configuration
Define Employee Subgroup Grouping for PCR and CAP
Check pay scale type
Check pay scale area
Check Assignment of Pays structure to Enterprise Structure
Determine Default for Pays Scale data (TARIF FEATURE)
Wage Type Creation
Create Wage Type Catalog
Check Wage Type Group for Basic Pay
Check Wage Type Text
Check Entry Permissibility Per info type
Employee Subgroups for Primary Wage Types
Personnel Subareas for Primary Wage types
Define Wage type Permissibility for each PS & ESG
Check Wage type Characteristics
Indirect Evaluation Module
INVAL A
INVAL B
INVAL C
INVAL D
Revise Payscale Groups and Levels
Revise Default Wage types
Feature LGMST
Define Annual Salary
Define Payment Frequency
Define Pay Scale Grouping For Allowances
Assign Pay scale Grouping for Allowances
Reimbursement Allowance and Perks
Statutory Deductions
Provident Fund
Employee State Insurance
Income Tax
Professional Tax
Pe51 (HR form editor)
Creating Remuneration statement
Running Payroll
Payroll Process