To allow that payroll calculations for new joinees is accurate and does not disrupt the process for all other employees, identify a cut off date, post which you will not include the new joinee in the current monthsвЂќ payroll.Дata validation before actual payroll process :Дata validation is the most foremost step of pre- payroll ,which cannot be avoided regardless of any cost. This tax then deducted on monthly basis as tax deduction at source.(TDS).ДЄnew joinee needs to be added with all data records (such as PAN NO,Address information,dependent information),salary structure and benefit deductions.To allow accurate calculation of taxex, you also need to capture prior salary informatio through Form 12B. Based on this declaration of tax saving investments, the organization calculates the taxable income and the projected tax, which the employee is liable to pay the financial year. This deduction is based on the estimate of the income that will be earned in the particular financial year and the applicable tax rate.ДЄs most employee make investment to save tax, organization ask their employees to declare their investments at the start of the financial year. Income tax information: According to section 192 of Income Tax Act, the employer is responsible for deducting income tax (tax deducted at source) while paying salaries to the employees. Payments and deductions data for the specified period helps how much to be paid as salary to a particular employee. One more set of most crucial data to be collected as part of pre payroll is the information regarding payments and deductions to be made to employees. Along with attandance, it is also important to track whether the employee is spending the stipulated amount of time at work.Дata requirements to run a payroll PAYMENTS AND DEDUCTIONS Payments and deductions: For the HR departments too, it is a time consuming activity. Any error at this step will inveriably lead to wrong calculation of employeeвЂќs compensation, causing employees dissatisfaction. Attendance data is the key input for processing payroll as almost all the other calculation based on it. Leave and attendance data : To accurately process payroll, one of the most important activities in payroll is calculating the time that an employee has invested in a given pay period. Complete tax filing for all the statutories (PF,LWF,ESI,TDS)ДЈ STAGES TO RUN INDIAN PAYROLL Stages to process Payroll in India.Distribute authentic payslips, and tax worksheets.Compute the salary to be paid for all employees.Collect payroll input from employees and dependent items.Creating your salary components for all compensation structure.Defining your organizations pay policy.It is an intricate set of process which requires different teams to work in tandem, But all this complexities can be managed effortlessly by the standardization of processes, selecting the right service delivery model, and using modern technology to manage payroll operation.

In order to get this done, there is tons of background work involved because payroll is more than just about calculating paychecks. It includes collecting the list of employees to be paid, tracking the hours worked, calculating the employees pay, distributing the salary on time, and recording the payroll expense.

Sequent payroll