What is a Payroll Journal Voucher?

Created by Product Content Team, Modified on Thu, 22 Feb 2024 at 03:47 PM by Product Content Team

A Payroll Journal Voucher (JV) is a special record in accounting that holds details about financial transactions for payroll. This includes employee salaries, conveyance, Provident Fund, charges paid to the statutory departments, and loans for a month. The payroll team of a company creates it to share the payroll information with the accounts team. The Payroll JV in greytHR consists of the following information:

  1. Total salary cost to the company.

  2. Amount to be paid to employees through the bank or any other means.

  3. Deductions under various heads like PF, ESI, and Loans.

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Related Links:

Video- To watch the videos about greytHR Tally JV integration , click here.

FAQs- To read more FAQs about Tally JV integration, click here.

Documentation- To learn more about the greytHR Tally JV integration, click here.

Product Update- To read about the product update, click here.

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