What settings need to be configured to complete the initial payroll setup?
Complete these steps to set up payroll:
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Set up Payroll Preferences – Enter company details and configure the applicable payroll and statutory settings.
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Define Pay Periods – Select the payout frequency and financial year, then review and save the generated pay periods.
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Configure Salary Structures – Review the payment heads, deduction heads, and applicable statutory deductions.
Check out this video on How to set up and run payroll in Empxtrack
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