Updated in November- 2023 | Subscribe to watch greytHR how-to video
Processing payroll is vital for ensuring employees receive accurate and timely salaries and benefits. It involves calculating earnings, taxes, and deductions, and generating paychecks. Accurate payroll builds trust, complies with laws, avoids errors, and maintains positive relationships. Establishing efficient processes and conducting regular reviews and audits ensure accurate and on-time payroll processing.
The Payroll Process page in the greytHR Admin portal helps you to process the payroll with a single click. The page displays the payroll process log. You can process the payroll multiple times in a month by changing the inputs until the payroll is locked. After payroll processing is complete, you can start the verification and payout process.
To view the Payroll Process page, click Payroll > Process > Payroll Process.
You can perform the following actions on the Payroll Process page.
Process payroll of the employees.
Quick payroll processing.
You must use the checklist available on the Payroll Process page to ensure all pre-process activities such as locking the previous payroll, employee addition, attrition, salary increments, and one-time payments are complete before processing the payroll.
To process the payroll after completing the checklist, perform the following actions:
On the Payroll Process page, click the Process Payroll button.
Under the Checklist, select the tasks using the checkbox. Ensure to move all the Checklist items to Completed Tasks.
Click Process Payroll to process the payroll for all the employees in the organization.
Note: Depending on the number of employees in the organization, the time required to process payroll may vary.
The quick salary process helps you to process all employee salaries instantly without any checklist. To process the payroll quickly, perform the following actions:
On the Payroll Process page, click the Quick Process button. The success message appears.
Note: After completing the payroll process, you can validate the payroll. To validate the payroll, click View Salary Statement.
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