Payroll
Payslip
A payslip is the monthly statement given to an employee showing earnings, deductions, net pay and the statutory numbers behind them.
A complete payslip shows each earning and deduction for the month, days paid, leave taken, PF and ESI numbers (UAN, IP number), PAN, and year-to-date totals. It is the document employees use for loans, visas and tax filing.
Issuing it on time is a legal requirement under most state Shops and Establishments acts and the Payment of Wages Act.
In Indian payroll
Employees expect payslips in the app the day salary is credited. A payroll that publishes them automatically ends the monthly "please send my payslip" queue at the HR desk.
What is Payslip?
A payslip is the monthly statement given to an employee showing earnings, deductions, net pay and the statutory numbers behind them.
Why does Payslip matter in Indian payroll?
Employees expect payslips in the app the day salary is credited. A payroll that publishes them automatically ends the monthly "please send my payslip" queue at the HR desk.
Related terms
In Kuzhu
The Payroll module in Kuzhu is where Payslip is handled, on the same employee record as everything else.
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