What is Payroll?

Payroll : It is series of accounting transactions dealing with payment of employees for services rendered by them, after processing of various statutory requirements.

It not only just includes salaries but wages, commission, bonus, vacation allowances, sick-leave pay and value of taxable fringe benefits also. It also includes statutory deductions of money from the employees, like provident fund, employees state insurance, professional tax and so on.

The Payroll feature is very useful as it is integrated with accounting to give the user the benefits of simplified Payroll processing and accounting.

Rewriting

If some problem arises in reading the data then in that case rewriting or repairing of data is to be done. In order to rewrite or repair press Ctrl + Alt + R at Gateway of tally and select the company that is to be rewritten. Press 'y' to start rewrite.


NOTE: It is advised that a back up should be kept before rewriting as Tally drops those data which are incomplete or damaged. Tally writes the reference of dropped data in a file tally.rew, its contents can be viewed using any text editor like notepad.