Payroll Management icon

Payroll Management

Empower your payroll process with precision, transparency, and compliance.

The Payroll module in Team HRMS simplifies salary management, automates payslip generation, ensures tax compliance, and streamlines employee compensation tracking all in one place. Designed for growing businesses, it adapts to changing tax laws and employee preferences with ease.

How to Track Employee Hours for Payroll?

Integrated Time & Attendance Sync

Automatically link attendance data with payroll for accurate salary processing.

  • Capture real-time check-in/check-out through web or mobile.
  • Monitor total hours worked, overtime, and loss of pay.
  • Use activity tracking and timesheets for project-based billing.
  • Align leave and shift data to reduce manual errors in salary calculation.
Payroll

Pay Slip

Automatically calculate and issue professional, detailed payslips for each employee based on their salary preferences, deductions, taxes, and attendance. Employees can securely access their payslips from their portal anytime.

Payroll Settings

Leave Encashment

Allow employees to encash remaining or carried-forward leaves as per your company policy. Team HRMS automatically calculates leave balances and integrates the encashment amount into the payroll process for seamless processing.

Payroll Settings

Salary Assignment

Assign, manage, and forecast salaries with flexibility.

Handle dynamic salary preferences and ensure payroll reflects current compensation structures.

  • Completed Salary PreferenceView and manage finalized salary configurations for specific employees.
  • Running Salary PreferenceMonitor active salary settings currently used for payroll processing.
  • Upcoming Salary PreferencePlan future revisions, appraisals, or compensation changes ahead of time.
  • Set AppraisalEasily configure performance-based increments and automate their integration into payroll.
Salary Assignment
Salary Register

Salary Register

Get a comprehensive view of salary components and working days.

Maintain detailed registers of earnings, contributions, deductions, and work records.

  • EarningsTrack all fixed and variable income components.
  • ContributionsEmployer-side payments like PF, ESI, and bonuses.
  • Taxes & DeductionsMonitor professional tax, loan EMIs, and other deductions.
  • Total Working DaysAttendance-linked salary calculation support.
  • Loss of PayIdentify unpaid leave deductions.
  • Total PayableFinal amount payable after all calculations.

Tax Register

Stay audit-ready with tax transparency.

The Tax Register logs detailed information about every tax deduction during the salary process.

  • DurationTimeframe of tax calculation (monthly, quarterly, yearly).
  • PeriodPayroll cycle to which the tax entry belongs.
  • Tax AmountTotal tax deducted.
  • Tax TypeCategorization (TDS, surcharge, etc.).
  • Payment StatusTrack whether tax has been paid, pending, or under process.
Tax Register

Tax Declaration

Employees can submit proof of tax-saving investments like insurance, PPF, rent receipts, etc. HR can approve and factor in declarations while calculating TDS.

Tax Declaration

Tax Prediction

Based on declared income, salary structure, and investments, Team HRMS predicts upcoming tax deductions and payable amounts. It helps both HR and employees plan better for tax season.

Tax Declaration

Payroll Settings

Configure payroll to match your company’s unique structure and compliance needs.

Payroll Settings
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    Tax Slab

    Define how income tax is calculated.

    Create flexible tax slabs based on employee categories and salary brackets. Set income ranges, assign tax rates, and apply them automatically through the salary process.

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    Salary Standard

    Break down each salary into customizable sections

    • Fixed/Variable ComponentsBase pay, HRA, bonuses, LTA, etc.
    • Employee Statutory PaymentsPF, ESI contributions.
    • DeductionsTaxes, EMIs, advances, and other salary cuts.
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    Salary Group

    Group employees under similar compensation plans.

    Link each employee to a predefined salary group that includes specific tax slabs and salary components ensuring unified payroll management across departments or roles.

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    Configuration

    Set foundational payroll parameters.

    • Define the Financial Year (start and end).
    • Set applicable Tax Rates.
    • Choose processing cycles and rounding rules.
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    Create Salary Preference

    Build personalized salary structures.

    Tailor salary preferences per employee combining company defined standards with individual level adjustments.

Make payroll stress-free with Team HRMS.

Ensure every payout is accurate, compliant, and transparent while saving hours of administrative effort.

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Extended Features