Payroll Processing Practical Training

The payroll management system is a set of processes that helps you streamline salaries, bonuses, deductions, taxes, and other necessary aspects of the net pay of all the employees in your organization.

Course Module:

• Module 1- Employee’s Provident Fund Act
• 1. EPF, VPF, RPF, etc.
• 2. Computation of Monthly PF Contribution
• 3. Computation of Interest and Penalty
• 4. Computation of Monthly Pension
• 5. Computation of EDLI Amount
• 6. Penalty
• a) Online Registration of Establishment
• b) Online Generation of UAN
• c) Online Submission of KYC
• d) Online ECR Generation
• e) Online Bulk Exit
• MODULE 2 - EMPLOYEE’S STATE INSURANCE ACT
• 1. Computation of Monthly ESI Contribution
• 2. Computation of Interest and Penalty
• 3. ESI Benefits
• 4. Contribution Period and Benefit Period
• 5. Penalty
• a) Online Registration of Establishment
• b) Registration of Branch/ Sub-Code
• c) Online Generation of TIC
• d) Online IP Mapping with Aadhaar
• e) Online Challan Generation
• Module 3- Epayment Of Bonus Act
• 1. Registers and Records
• 2. Calculation of Bonus
• 3. Calculation of Allocable Surplus
• 4. Computation of Set-on and Set-off
• 5. Penalty
• 6. Return
• Module 4- Payment Of Gratuity Act
• 1. Calculation of Gratuity
• 2. Maximum Gratuity and Taxability
• 3. Group Gratuity Policy
• 4. Forms Filing
• Module 5- Tax Planning For Salaried Employee
• 1. LWF Slab Rate
• 2. PT Slab Rate
• 3. Income Tax Slab Rate
• 4. Tax Exemptions of Various Allowances
• 5. Tax Deduction under Chapter VI-A(80C, 80D, 80E, 80G, etc.)
• 6. Rebate U/S 87A
• 7. Education Cess
• 8. Routine Tax Planning (Investment Declaration Form)
• 9. TDS Certificate (Form 16)
• Module 6- Leave Management
• Module 7- Salary Breakups
• Module 8- Payroll Processing
• 1. The pay structures
• 2. Leave management (CL, EL, SL, and ML)
• 3. Basic, HRA, DA, Conveyance, Medical allowance, Lunch allowance etc
• 4. ESI, PF Calculations
• 5. Calculation of Gross, Net salary & CTC
• 6. Preparation of Break- up salary, Designing CTC and salary break up and discussion on Compensation and benefits
• Module 9- Mis & Advance Excel
• 1. PF report in excel sheet
• 2. ESI report in excel sheet
• 3. Professional report tax
• 4. MIS reports in excel sheet
• 5. Pivot table, goal seek
• 6. Auto & advanced filters
• 7. V-Lookup, H-lookup
• 8. Splits and freeze panes
• 9. And lots more to prepare MIS Reports
• Module 10- Contract Labour Law
• 1. Objective
• 2. Applicability
• 3. Registration and License
• 4. Returns (Report)
• 5. Facilities
• 6. Registers and Records
• 7. Displays
• Add On Benefits
• 1. CV Revision in a professional approach
• 2. Provided Practical oriented course material for all the topics
• 3. After completing the course, we provide an ISO Certified Certificate also
• 4. We provide 100% Job Placement Assistance
• 5. We provide life time support after completing the course