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Payroll Management
₹3,999.00
Manage payrolls
Description
?? What You Will Get
When a client orders your Payroll Management service, they will receive:
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Full payroll processing and salary disbursement (monthly/fortnightly etc.)
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Payslip generation for employees, detailed salary breakup (basic pay, allowances, deductions)
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Leave & attendance tracking (including overtime, holidays, etc.)
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Management of statutory deductions & compliance (PF, ESI, TDS, Professional Tax etc.)
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Employee master data management: employee joiners, leavers, salary revisions, loans advances etc.
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Payroll accounting support & reconciliations
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Generation of payroll reports & management dashboards (cost of hiring, payroll vs budget etc.)
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Online/self-service access for employees (view payslips, deductions, etc.)
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Payroll tax & labor law compliance to ensure no penalties
?? Process / Timeline
Here?s a typical workflow and estimated timeline:
| Step | Activity |
|---|---|
| Day 1 | Client shares employee data: names, salary details, attendance/leave history, statutory IDs etc. |
| Day 2 | Setup payroll structure: pay frequency, salary heads, deduction rules, compliant formats |
| Day 3-4 | Process payroll for period: calculate salaries, apply deductions, overtime / allowances, generate payslips |
| Day 4-5 | Review & corrections (if any) with client; finalize disbursement schedule |
| Day 5-6 | Make salary disbursement; file statutory remittances / returns (PF, ESI, TDS, etc.) |
| Monthly/Ongoing | Provide reports, audit trails, handle salary revisions, new joiners/leavers; ensure statutory deadlines are met |
?? Documents & Information Required
To ensure accurate payroll management, clients need to provide:
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List of employees: names, roles, salary breakdowns, bank account details
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Attendance / leave data for the payroll period
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Details of any overtime, bonuses, reimbursements, or deductions (loans, advances)
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Statutory IDs: PF number, ESI number, TAN, Professional Tax etc.
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Proof of registered business address & entity type (Company/LLP/Proprietorship)
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Previous payroll records (if migrating from another system)
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Digital signatures or authorized signatory info if required by regulation
?? Benefits
Why businesses will want this service:
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Saves HR / management time & effort?no manual salary calculations or tracking
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Ensures payroll is accurate, timely and compliant, reducing risk of penalties
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Transparent records: employees can see payslips etc., helps with trust & morale
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Helps maintain clean financial records facilitating audits, taxation, funding etc.
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Scalable: works well as business grows?adding new employees, states, complexity does not break the process
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Cost-efficient vs maintaining internal payroll staff and software
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