Payroll Process
Payroll Process
Step1: Start Step 2: Log in to the Chola Connect. Step3: Click the icon payroll. Step4: Enter the id of an employee Step5: Check the attendance of the employee with the Attendance register Step6: Check if the employee results to LOP Step7: If MG-1 to MG-4: CL >=7 SL >=7 PL >=25, then LOP If no go to Step9. If MG-5 & Above: CL >=7 SL >= 7 PL >=30, then LOP If no go to step9. Step8: Calculate LOP Step9: Enter HRA Step10: Enter CA Step11: Enter SA Step12: Enter LTA (annually) Step13: Calculate LTA (monthly) Step14: Calculate Gross (Per Month) Step15: Calculate Gross (Per Annum) Step 16: Enter Medical Reimbursement (annually) Step17: Enter Incentives (annually)
Step18: Enter Hiper Bonus (annually) Step19: Calculate PF (annually) Step20: Calculate Pf (monthly) Step21: If employee has worked more than 5yrs, then SAF (annually) If no go to step23 Step22: Calculate SAF (annually) Step23: Calculate Perk cost Step24: Calculate CTC. Step25: Display CTC Step26: Take the print out of CTC. Step27: End.