Payroll part 3 in tally

Author: Sanskriti

Create PF (provident fund) pay head

Pay head type (deductions from employee)

Under (current liabilities)

calculation type (as computed value)

 

 

 

 

Go to normal rounding

 

Select on specified formula

Fill value

Create ESI (employees’ state insurance)

Pay head type (deductions from employee)

Under (current liabilities)

calculation type (as computed value)

Go to normal rounding

 

 

 

 

Select on specified formula

Fill value

Create leave pay head

Pay head type (deductions from employee)

Under (current liabilities)

Create salary payable

Go to not applicable