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Payroll Period

A Payroll Period is a period for which Employees get paid for their occupation with the Company.

Payroll Period helps you define Salary Structures and to calculate tax for a specific period based on applicable Income Tax Slab.

To access Payroll Period, go to:

Home > Human Resources > Payroll > Payroll Period

1. How to create a Payroll Period

  1. Go to Payroll Period list, click on New.
  2. Enter Name.
  3. Select Start Date and End Date of Payroll Period.
  4. Save.
  1. Salary Component
  2. Salary Structure
  3. Income Tax Slab
  4. Payroll Entry
  5. Employee Tax Exemption Proof Submission
  6. Employee Tax Exemption Declaration