subject: Simpler Payroll Management from Tally [print this page] Simpler Payroll Management from Tally Simpler Payroll Management from Tally
Tally Solutions has announced a solution to simplify the complexities faced by the HR departments of organizations. Tally's "Payroll module", which is completely integrated with the business management solution, is capable of hassle-free payroll processing and also manages the accounting processes. With the availability of the "Trusted Remote facility", it is now easy to access, process and manage the payroll information from anywhere and anytime in the world.
"A business owner would like to be assured about the accuracy of payouts and meeting the statutory compliances. Here, meeting timelines is critical to ensure that the business is not affected by overlooking compliances. In the upcoming release, Predefined Rules and Calculations set by the Income Tax Department will be incorporated in the software. For us, this means Payroll and Income Tax is simplified," said Shoaib Ahmed, President, Tally Solutions.
The Payroll module from Tally.ERP 9 doesn't require any specialized IT/HR professionals to manage and deploy. Being a self-manageable and implementable solution, it can be installed deployed and managed by an accountant or any HR personnel of the company. The payroll module provides flexibility to handle all complex payroll calculations like weekly, fortnightly, one-time, production-based (e.g. piece rate) and time-based (e.g. overtime). It also covers relevant statutory compliances like PF, ESI, PT, gratuity, bonus, etc. Hence, it not only saves cost of hiring multiple resources to deploy and manage the software but also the expenditure incurred by way of paperwork involved. Now " Payroll Module" is very important and this is integrated with the business management solution.
