Module 1: PAYROLL PREPARATION WITH TALLY ERP

  • Introduction and Concept of Payroll
  • Creating Payroll Masters & Configuration in Tally
  • Defining Salary Structure of Employees
  • Accounting Entries for Salaries Payment
  • Accounting Entries for PF payments
  • Accounting Entries for ESI Payments
  • Accounting Entries for Gratuity payments
  • Entries of Attendance
  • Increments & Arrears Processing
  • Accounting of Loans to Employees
  • Salary Disbursement
  • Payroll Reports – Pay slip, Pay Sheet, Payroll Statements, Payment Advice
  • Expat Reports, Payroll Register, Attendance Sheet and Gratuity Report etc.
  • Working of PF, ESI, PT, Gratuity & Superannuation
  • Important provisions of Income Tax on Salaries
  • Computation of Income Tax on Salary Income
  • TDS from Salary Payments
  • Online e-TDS Returns Preparation and filing
  • Practice Exercises

Module 2: INCOME TAX TDS on SALARY PAYMETNS

  • Important provisions of Income Tax on Salaries
  • Understanding of House Property & Other Sources Income for Salary Computation
  • Allowances & Perquisites
  • Computation of Income Tax on Salary Income
  • Deductions under Chapter VI-A
  • TDS from Salary Payments
  • Online e-TDS Returns Preparation
  • Preparation of Form 16
  • Due dates of Payments and Return filing
  • Practice Exercises

Benefits:

Candidate gets an exposure to maintain salary details and statutory requirements,
calculations & law linked with the payroll process. Professional guidance and raining
will help the candidate to enter the profession of payroll. Though the software for
payroll processing are different in various industries, the major difficulty is
understanding the concepts & entering the data in the software. This is the most
important training that the candidate will achieve by completing this certification..