Payroll Process
Once all data is gathered, you need to proceed ahead with the Payroll process, which consists of certain steps
Payroll Calculation
During the payroll setup stage, various activities were undertaken that provides with all info needed to run the Payroll.
Once the data is verified, you input the data into either a Payroll System or Excel sheet to estimate the final salary payable. Ensure that Statutory Deductions and TDS are accounted for in this stage to avoid any surprise at later Stage