Payroll Training

Payroll Training Institute in Chennai

Payroll Training in Chennai

Looking for Best Payroll Training in Chennai? – Asterhr IT Training helps you….

Aster HR IT Training offers payroll training across all the professionals to enhance their knowledge in payroll process. We give extensive training with our real time experience professionals. In today’s competitive business environment, the payroll professional’s role is becoming increasingly more complex.

It is vital that there is accuracy and timeliness in payroll production, ensuring not only the correct net pay to employees but computing accurate overheads to ensure accounting accuracy. Payroll management has also direct linkage to the strict compliance of stringent provisions of large number of complex labor laws prevailing in India. Any non-compliance attracts severe penal consequences. To ensure accurate salary and rewards are paid on time, efficient payroll management is necessary. This will help lead to a satisfied workforce and avoidance of penalties for non-compliance

Who can attend Payroll Training in Chennai?

  • HR Professionals
  • Finance Executives
  • MBA HR Freshers

Payroll Training Institute in Chennai includes following Courses.

Payroll Training Syllabus

Payroll Introduction

  • Overview
  • Payment Period
  • Payroll Inpu
  • Data Collection

Payroll Process

  • Fundamentals of Payroll Process
  • Salary Input
  • Impact of LOP & Salary Revision
  • Leave Closure
  • Salary Cut of Date

Principles of Payment & Deductions

  • Compensation Components
  • Different Allowances
  • Statutory Deductions (like PF, ESI, PT etc)

Statutory Deductions

  • Employee Provident Fund (EPF)
  • Employee State Insurance (ESI)
  • Profession Tax (PT)
  • Income Tax (IT)
  • Labor Welfare Fund (LWF)

MIS Reports

  • How to generate different Reports