Collect daily, weekly or monthly timesheets Calculate bonuses and allowances Statutory compliances (PF&ESIC) Legal Compliances Prepare employees’ compensation by the end of each month using payroll software Schedule bank payments or hand out paychecks directly to employees Distribute payment statements and gather signed receipts (digital or paper) Report on payroll expenses Ensure wages and tax with holdings comply with regulations Enter new employees’ data (e.G., bank accounts and tax identification numbers)
Collect daily, weekly or monthly timesheets Calculate bonuses and allowances Statutory compliances (PF&ESIC) Legal Compliances Prepare employees’ compensation by the end of each month using payroll software Schedule bank payments or hand out paychecks directly to employees Distribute payment statements and gather signed receipts (digital or paper) Report on payroll expenses Ensure wages and tax with holdings comply with regulations Enter new employees’ data (e.G., bank accounts and tax identification numbers)
