Payroll Master is a feature that allows you to set up and maintain employee payroll information. It helps you manage employee salaries, deductions, and other related information, you can create employee profiles and enter information such as their name, designation, basic salary, and other details.
Once you have set up the Payroll Master, you can use it to generate employee pay slips, calculate salaries, deductions, and taxes. You can also use it to generate reports related to employee payroll, such as the Payroll Statement, Attendance Report, and Salary Register.
The Payroll Master feature in Tally Prime helps streamline the process of managing employee payroll, making it easier and more efficient for businesses to manage their workforce