Payroll consolidates and automates the process of paying salary and other compensation due to a company's employees. The payroll feature not only just calculates salary but also keeps track of the individual employees.
To use Payroll in Bookkeeper, go to tools section and there will get option of Payroll.
Video tutorial: https://www.youtube.com/watch?v=g0xSjl1iCuI
Let's go step by step
1. Creating Employee
After going to payroll section, you need to create employee first. You can mention employee code name, personal information, there Bank Account Number, PAN Details, can also attach the photo of the employee.
2. Salary Structure
In salary details can mention basic salary and can select the allowance like travel allowance HRA etc. given to the employee. The allowances can be fixed or variable, in fixed allowance can mention the amount and in variable allowance can mention the percentage of the same. After entering the salary details the total salary will be showing below.
3. Credit Salary
After creating the employee need to generate the salary and for that go to Tools > Payroll> Select the employee and then click on generate salary.
4. Salary Generation
After selecting credit salary, a new window will open and then there can mention the month for which you are crediting the salary and number of days in that month and can mention no of leaves in that month, select salary transfer date and source of salary I.e., Bank or Cash. At the time of creating salary if there is any other salary head which you have given to the employee in that particular month, example: any incentive or Arrears
5. Salary Slip
After crediting the salary can click on the employee and select view all salary, there will get all-salary voucher of that employee and select the salary voucher click on view salary slip and then can view and print from there.