Offer Letter

• What is an offer letter?
• Why is an offer letter important?
• Drafting of an offer letter

Appointment Letter

• Appointment Letter and Employment Agreement
• Appointment Letter and Employment Agreement
• Important Terms in an Employment Agreement
• Issue of Appointment Letter or Employment Agreement

• Case Study - Format I
• OFFER LETTER
• Assignment:
• 
  

Chapter 2: Preparation of Payroll

Introduction

• Payroll and Salary Statement
• Breakdown of Salary:

Components of Salary

• Gross Salary
• Components of Gross Salary
• 1. Basic Salary:
• 1. Basic Salary:
• 2. Dearness Allowance (DA):
• 3. HRA (House Rent Allowance):
• 4. Leave Travel Allowance (LTA):
• 5. Conveyance Allowance:
• 6. Special Allowance:

Employee Deductions

• Deductions from Salary
• Professional Tax (PT):
• Provident Fund (PF):
• Employee State Insurance (ESI):
• Tax Deducted at Source (TDS):
• Summary:
• Due Dates for Statutory Deduction Remittances:
• Summary of Statutory deductions:

Professional Tax

• Professional Tax
• Who levies Professional Tax?
• Registration
• Employer's liability
• Deposit of Amount Deducted
• Professional Tax in Various States
• Professional tax in Andhra Pradesh
• Professional tax in Assam
• Professional tax in Assam
• Professional tax in Assam
• Professional tax in Bihar
• Professional tax in Bihar
• Professional tax in Bihar
• Professional tax in Chhattisgarh
• Professional tax in Chhattisgarh
• Professional tax in Gujarat
• Professional tax in Jharkhand
• Professional tax in Jharkhand
• Professional tax in Jharkhand
• Professional tax in Karnataka
• Professional tax in Karnataka
• Professional tax in Karnataka
• Professional tax in Kerala
• Professional tax in Kerala
• Professional tax in Kerala
• Professional tax in Madhya Pradesh
• Professional tax in Madhya Pradesh
• Professional tax in Madhya Pradesh
• Professional tax in Maharashtra
• Professional tax in Maharashtra
• Professional tax in Maharashtra
• Professional tax in Manipur
• Professional tax in Manipur
• Professional tax in Manipur
• Professional tax in Meghalaya
• Professional tax in Meghalaya
• Professional tax in Meghalaya
• Professional tax in Mizoram
• Professional tax in Mizoram
• Professional tax in Mizoram
• Professional tax in Odisha
• Professional tax in Odisha
• Professional tax in Odisha
• Professional tax in Puducherry
• Professional tax in Puducherry
• Professional tax in Puducherry
• Professional tax in Sikkim
• Professional tax in Sikkim
• Professional tax in Sikkim
• Professional tax in Tamil Nadu
• Professional tax in Tamil Nadu
• Professional tax in Tamil Nadu
• Professional tax in Telangana
• Professional tax in Telangana
• Professional tax in Telangana
• Professional tax in Tripura
• Professional tax in Tripura
• Professional tax in West Bengal
• Professional tax in West Bengal
• Professional tax in West Bengal
• Important points on Professional Tax in India

Employer Contributions

• Employer Contribution
• Provident Fund (PF)
• Employee State Insurance (ESI)

Cost to Company (CTC)

• Cost to the Company
• CTC Calculation:
• Difference between Gross Salary, Take-home Salary and Cost to Company
• Professional CTC Calculator:
• Step-by-Step Process for Using the CTC Calculator
• Examples:

Payslip or Salary Slip

• Pay slip / Salary Slip
• Contents of a Payslip
• Format of Payslip
• Examples for PaySlip

Chapter 3: Payroll in TallyPrime

Introduction

• Payroll software
• Features for payroll software
• Few Major Payroll Software
• TallyPrime as Payroll Software
• Steps for Payroll Processing using Tally Prime

Steps in Payroll

• Step 1 - Configuration of Payroll in Tally Prime
• Enabling Payroll in Tally Prime
• Steps to Enable Statutory Features for Payroll in Tally Prime
• 
  

Create Employee Groups

• Step 2: Create Employee Groups
• A. Create Single Employee Group in Tally Prime
• B. Create Multiple Employee Groups in Tally Prime
• Step 3: Create Employees
• A. Create Single Employee in Tally Prime:
• B. Create Multiple Employees:

Payroll Units 

• Step 4: Create Payroll Unit
• A. Simple Payroll Unit:
• B. Compound Payroll Unit:

Attendance

• Step 5: Create Attendance or Production Types
• Production Types:
• User Defined Calendar Types:

Pay Heads

• Step 6: Create Pay Head:
• Create Pay Head:
• A. Earning Pay Heads:
• B. Deduction Pay Heads:
• C. Employer Statutory Contribution Pay Heads

Define Salary

• Step 7: Define Salary Structure for Employees and Employee Groups:
• A. Salary Details for an Employee:
• B. Salary Details for Employees Group:

Process Payroll

• Step 8: Process Attendance or Production Vouchers:
• A. Attendance Voucher – Manual Entry
• B. Attendance Voucher – Auto Fill
• Step 9: Processing Salary:
• Processing Salary:
• A. Processing Salary (Manual) – Not Recommended
• B. Processing Salary (Auto fill) - Recommended

Generate Payslip

• Step 10: Generate Pay Slip
• Pay Slip
• A. Single Pay Slip
• B. Multi Pay Slip

Case Study

• Case Study

Assignment

• Assignment

About This Course

Learn preparation of salary statement for your organisation. Appointment process, CTC structure, generation of payslips are covered in this course.

Course Key Highlights

100% Practical software & portal simulations

Real-world business case studies & workflows

Authorized training certification for students

1 Year unlimited LMS access & continuous updates