Payroll

Payroll that calculates itself and posts itself

Salary structures, tax slabs and gratuity rules defined once, then applied across a payroll run that posts its own accounting entries. Month end stops being a rebuild.

What you get

Salary structures and components

Earnings, deductions and their formulas defined as reusable components, assigned per employee — including bulk assignment when a change hits everyone at once.

Payroll runs, not payroll evenings

A payroll entry picks up the right employees for the period and produces their salary slips together, rather than one person working through a list.

Income tax slabs and exemptions

Tax slabs with their own charges, plus employee exemption declarations and proof submission — so the deduction reflects what was actually declared and evidenced.

Gratuity with rules behind it

Gratuity rules and slabs applied to the components that qualify, so an end-of-service figure is calculated rather than negotiated.

Benefits, incentives and bonuses

Benefit applications and claims, retention bonuses, incentives and additional salary handled inside the run rather than as manual adjustments.

Timesheets and loans included

Salary slips can draw on timesheets for hours worked and carry loan repayments, so the payslip reflects everything rather than most things.

Withholding when you need it

Salary can be withheld and released across cycles on the record, instead of being handled off-system and remembered by one person.

It posts to the ledger

A payroll run creates its own accounting entries, mapped through salary component accounts and cost centres, so salary cost lands in the books without re-keying.

FAQ

Common questions

Does payroll post to the accounts automatically?

Yes. Salary components map to accounts and cost centres, and a payroll run creates its own ledger entries.

Can it handle income tax declarations and proofs?

Yes — employees declare exemptions and submit proof, and the tax deduction reflects what has actually been evidenced.

Is gratuity supported?

Yes, through gratuity rules and slabs applied to the qualifying salary components.

Can salary slips include timesheet hours?

Yes, and loan repayments too, so the payslip covers the full picture rather than base salary alone.

See it against your own numbers

ERP Boss is deployed for your company, so a demo runs on a setup that matches how you actually work.