Payroll Maintenance
Payroll Maintenance refers to the system functions that allow you to view, analyze, edit, and post weekly payroll information to the home office. Payroll information includes the daily hours-by work assignment for each employee for a given week, including overtime hours.
Checklist for an Effective E-Payroll System
Company Documents:
- Certificate of Registration
- Electronic Challan cum Return (ECR) document
- Company GST and TIN.
Payment Schedule:
A flexible and fixed schedule:
- Weekly
- Bi-weekly
- Semi-monthly and
- Monthly payroll schedules.
Classify Employees:
Classify employees on the basis of
- Contractors
- Freelancers
- Permanent employees
- Interns and
- Schedule payments accordingly.
Terms of Compensation:
To keep a tab on
- Employee hours
- Office timings
- Overtime, etc.