{"id":6724,"date":"2024-04-04T10:31:15","date_gmt":"2024-04-04T10:31:15","guid":{"rendered":"https:\/\/www.inspirenignite.com\/kl\/4259-payroll-management-lab-syllabus-for-computer-application-business-management-4th-sem-2021-revision-sitttr\/"},"modified":"2024-04-04T10:31:15","modified_gmt":"2024-04-04T10:31:15","slug":"4259-payroll-management-lab-syllabus-for-computer-application-business-management-4th-sem-2021-revision-sitttr","status":"publish","type":"post","link":"https:\/\/www.inspirenignite.com\/kl\/4259-payroll-management-lab-syllabus-for-computer-application-business-management-4th-sem-2021-revision-sitttr\/","title":{"rendered":"4259: Payroll Management Lab Syllabus for Computer Application &amp; Business Management 4th Sem 2021 Revision SITTTR"},"content":{"rendered":"<p align=\"justify\">Payroll Management Lab detailed syllabus for Computer Application &amp; Business Management (CB) for 2021 revision curriculum has been taken from the <a class=\"rank-math-link\" href=\"http:\/\/www.sitttrkerala.ac.in\/\" style=\"color: inherit\" target=\"_blank\" rel=\"noopener\">SITTTRs<\/a> official website and presented for the Computer Application &amp; Business Management students. For course code, course name, number of credits for a course and other scheme related information,  do visit full semester subjects post given below. <\/p>\n<p align=\"justify\">For Computer Application &amp; Business Management 4th Sem scheme and its subjects, do visit <a class=\"rank-math-link\" href=\"..\/sitttr-diploma-computer-application-business-management-cb-syllabus-for-4th-sem-2021-revision\">Computer Application &amp; Business Management (CB) 4th Sem 2021 revision scheme<\/a>. The detailed syllabus of payroll management lab is as follows. <\/p>\n<p><h4>Course Objectives:<\/h4>\n<ul>\n<li>To provide a hands on experience on activities related to maintaining employee data for the Human Resource (HR) department which includesentering all necessary payroll data into the organization&#8217;s data system, calculating each employee&#8217;s respective pay, computing statutory and tax related entitlements and deductions.<\/li>\n<\/ul>\n<p><h4>Course Outcomes:<\/h4>\n<p>On completion of the course, students will be able to:<\/p>\n<ol>\n<li>Build and maintain employee records for compensation and benefits calculations<\/li>\n<li>Develop and process statutory entitlements for finalizing compensation and benefits-PF &amp; ESI\t1<\/li>\n<li>Develop and process statutory entitlements for finalizing compensation and benefits-Tax<\/li>\n<li>Implement payroll data. Create a Dashboard for data presentation.<\/li>\n<\/ol>\n<p><h4>Module 1:<\/h4>\n<ol>\n<li>Understand concept of employee compensation and its components- Statutory deduction like NPS, PF, ESI, Income Tax, Professional Tax etc<\/li>\n<li>Determine, maintain employee data and update records of new employees<\/li>\n<li>Collect and update the resignation details of the employee submit status to various departments as per organizational procedure<\/li>\n<li>Extract leave and overtime related data from various attendance taking tools and update leave details of employees into the database<\/li>\n<li>Calculate monetary impact of leave without pay and overtime details of employees and update records<\/li>\n<li>Receive tax related investment and other declarations in the format provided by finance department from all employees and enter details<\/li>\n<\/ol>\n<p><h4>Module 2:<\/h4>\n<ol>\n<li>Identify and ascertain relevant concepts and terms regarding provident fund deduction concepts and terms: eg. Employee&#8217;s contribution, employer&#8217;s contribution, minimum and maximum PF deduction allowed, government website through which payment is to be made, eligibility criteria, etc.<\/li>\n<li>Calculate the amount of PF to be deducted individually from employees&#8217; salaries<\/li>\n<li>Calculate the amount of PF deducted totally that needs to be submitted to the government account<\/li>\n<li>Calculate the amount of ESI to be deducted individually from employees&#8217; salaries<\/li>\n<li>Calculate the amount of ESI deducted totally that needs to be submitted to the government account<\/li>\n<li>Prepare statements related to all statutory dues -PF, ESIC, professional tax, etc.<\/li>\n<\/ol>\n<p><h4>Module 3:<\/h4>\n<ol>\n<li>Determine entitlement to statutory payments provident fund (PF), employees state insurance (ESI), professional tax, etc. and consider them for tax deductions<\/li>\n<li>Understand the major Tax Deduction section as per latest Income tax act<\/li>\n<li>Calculate taxable income by considering Gross salary tax deduction claimed by the employee under various sections like 80C, 80D etc Statutory reduction of PF, ESI etc<\/li>\n<li>Calculate Tax Deducted at Source (TDS) for each employee as per latest income tax slabs<\/li>\n<li>Maintain a record of TDS collected by employee for making payments to tax authorities.<\/li>\n<\/ol>\n<p><h4>Module 4:<\/h4>\n<ol>\n<li>Prepare a Master payroll excel sheet which takes input from other sheets as per requirements.<\/li>\n<li>Enter employee information for which salaries are to be processed fetching data from other excel sheets<\/li>\n<li>Enter pay period\/month, employee attendance details and any deductions and allowances in payroll system in accordance with source documents<\/li>\n<li>Calculate Gross and Net salaries payable. And prepare a statement for the same.<\/li>\n<li>Create a Dashboard for the payroll sheet for effective data presentation.<\/li>\n<li>Open Ended Experiments<\/li>\n<\/ol>\n<p><h4>Reference Books:<\/h4>\n<ol>\n<li>Ajeet R. Rawat, The Root of Payroll Management, 2020 edition<\/li>\n<li>Steven M Bragg, Payroll Management: 2020 Edition, Publisher: Wiley, December 2019.<\/li>\n<li>DewakarGoel, Performance Appraisal and Compensation Management, PHI Learning, New Delhi.<\/li>\n<li>ER Sonia,Shyam Singh, Compensation Management, Excel Books, Kindle First Edition.<\/li>\n<\/ol>\n<p><h4>Online Resources<\/h4>\n<ol>\n<li>https:\/\/www.greythr.com\/complete-guide-payroll\/<\/li>\n<li>https:\/\/cleartax.in\/s\/payroll-management<\/li>\n<li>https:\/\/www.tutorialspoint.com\/excel\/index.htm<\/li>\n<li>https:\/\/pdf.co\/blog\/payroll-management<\/li>\n<\/li>\n<\/ol>\n<p align=\"justify\">For detailed syllabus of all other subjects of Computer Application &amp; Business Management (CB), 2021 revision curriculum do visit <a class=\"rank-math-link\" href=\"..\/category\/sitttr\/cb\">Computer Application &amp; Business Management 4th Sem subject syllabuses for 2021 revision<\/a>. <\/p>\n<p align=\"justify\">To see the syllabus of all other branches of diploma 2021 revision curriculum do visit <a class=\"rank-math-link\" href=\"https:\/\/www.inspirenignite.com\/kl\/sitttr-syllabus\/\"> SITTTR diploma all branches syllabus.<\/a>. <\/p>\n<p align=\"justify\">To see the results of Computer Application &amp; Business Management (CB) of diploma 2021 revision curriculum do visit <a class=\"rank-math-link\" href=\"https:\/\/www.inspirenignite.com\/kl\/sitttr-results\/\"> SITTTR diploma Computer Application &amp; Business Management (CB) results.<\/a>. <\/p>\n<p align=\"justify\">For all Computer Application &amp; Business Management academic calendars, visit <a class=\"rank-math-link\" href=\"https:\/\/www.inspirenignite.com\/kl\/sitttr-academic-calendar\/\"> Computer Application &amp; Business Management all semesters academic calendar<\/a> direct link. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Payroll Management Lab detailed syllabus for Computer Application &amp; Business Management (CB) for 2021 revision curriculum has been taken from the SITTTRs official website and presented for the Computer Application [&hellip;]<\/p>\n","protected":false},"author":2462,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[35,76],"tags":[],"class_list":["post-6724","post","type-post","status-publish","format-standard","hentry","category-4th-sem","category-cb"],"_links":{"self":[{"href":"https:\/\/www.inspirenignite.com\/kl\/wp-json\/wp\/v2\/posts\/6724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inspirenignite.com\/kl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inspirenignite.com\/kl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inspirenignite.com\/kl\/wp-json\/wp\/v2\/users\/2462"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inspirenignite.com\/kl\/wp-json\/wp\/v2\/comments?post=6724"}],"version-history":[{"count":0,"href":"https:\/\/www.inspirenignite.com\/kl\/wp-json\/wp\/v2\/posts\/6724\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.inspirenignite.com\/kl\/wp-json\/wp\/v2\/media?parent=6724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inspirenignite.com\/kl\/wp-json\/wp\/v2\/categories?post=6724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inspirenignite.com\/kl\/wp-json\/wp\/v2\/tags?post=6724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}