What are the various activities to be done before payroll is processed?#
Before processing payroll you need to perform a few preparatory tasks.
- Newly joined employees needs to be added to the database. You can also import employee information quickly through an Excel spreadsheet.
- Update employee and salary information for any newly joined employees and for employees whose status has changed, increments are to be given, etc.
- Resign any employees who have left. You can also do a settlement for them, if required.
- Update the number of days of loss of pay (LOP) for any employees that have gone on leave without pay.
- If there are any employees for who payroll processing should be suspended this month, you can add a stop payment entry for the month.
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