A Payroll Period is a period for which Employees get paid for their occupation with the Company.

Navigation : Home > MY Salary > Masters > Payroll Period

1. Click on ‘Payroll Period’ under [Masters] section and you will arrive at Payroll Period Listing
2. Click ‘+ Add Payroll Period’ to create a new Payroll Period.
3. Give this Payroll Period a name.
4. Select Start Date and End Date of this Payroll Period.
5. Click Save and Payroll Period will be created.

Notes:

1. Payroll Period helps you define Salary Structures and to calculate tax for a specific period based on applicable Income Tax Slab.
2. New Payroll Period date cannot overlap with existing Payroll Period.

Related Topics

1. Salary Component
2. Salary Structure
3. Payroll Entry