Set up payroll settings
Configure fiscal year, pay cycle, standard salary bands and statutory contribution rates so payroll runs produce correct payslips from day one.
You need the Admin role (or higher) to complete the steps on this page.
Payroll settings tell the Payroll Runs module how to compute pay for the month — the fiscal year start month, pay cycle, standard salary bands you can snap employees to, and the current statutory rates (PF, ESI, professional tax).
Open payroll settings
Step 1: Open Admin → Payroll settings
The page opens on the General tab.
payroll-settings-01.png
Set fiscal year and pay cycle
Step 1: Pick the fiscal year start month
Default is April (Indian financial year). Change to your financial year opening month if different.
Step 2: Pick the pay cycle
Choose Monthly (most common) or Semi-monthly. The cycle drives the pay-period boundaries on every payroll run.
Step 3: Set the pay day
Enter the day of the month payroll is finalised (e.g. 1st, 7th, 25th). Finance reminders and dunning schedules key off this day.
Statutory contribution rates
Step 1: Open the Statutory tab
Enter the current rates for PF (employee + employer), ESI, and professional tax. Values default to the current Indian statutory rates and are editable per workspace.
These rates feed every Salary structure's auto-computed deductions. Update them whenever a statutory rate changes — existing payroll runs are not retro-computed, but the next run will pick up the new rates.
Standard salary bands
Step 1: Open the Salary bands tab
Add bands your HR team re-uses (for example, Band L1, L2, L3 with mapped annual CTC ranges).
Step 2: Save
Bands show up as presets in the Salary structure editor on the Add / Edit employee form.
What's next
- Document templates — upload the offer letter and payslip templates.
- Data import — bulk-upload the existing payroll master.