You build the structure. The payslip shows What You Built.
Annual CTC is the input; the monthly figures are derived from it. Define the components your company actually uses — basic, HRA, allowances, employer contributions — and every payslip renders the structure that employee is on, not a generic template.
Annual CTC is the input; monthly figures are derived from it.
Components you define once and reuse across grades.
The payslip renders the structure that employee is actually on.
GST-ready INR billing for your own Quorel invoices.
PAYSLIP · ILLUSTRATION
LOCKEDAS
Aarav SharmaProduct Designer · EMP0012
CTC (Annual)₹7,20,000₹60,000 per month
Monthly Salary Breakdown
Basic₹30,000
HRA₹15,000
Special allowance₹15,000
Earnings
Basic
₹30,000
HRA
₹15,000
Special allowance
₹15,000
Gross
₹60,000
Deductions
Provident Fund
₹1,800
Professional Tax
₹200
Other
₹0
Total deductions
₹2,000
STATUTORY INDIA
PF, ESI, PT and LWF are in the run, not bolted on
Each one is configured per company and per state, applied at the point the payroll is computed, and shown on the payslip the employee downloads.
Provident Fund
Employee and employer contributions computed from the components you have marked as PF-applicable, with the wage ceiling handled.
ESI
Applied to the employees who fall within the wage limit, and dropped for those who do not, without anyone maintaining the list by hand.
Professional Tax
State-wise slabs, applied by the employee's work location rather than by where head office happens to be.
Labour Welfare Fund
Periodic LWF deductions where the state levies them, on the cycle that state uses.
PAYROLL COST · SIX MONTHS
ILLUSTRATIVE
Illustrative payroll cost, April to September 2024: April ₹12 lakh; May ₹22 lakh; June ₹26 lakh; July ₹44 lakh; August ₹60 lakh; September ₹74 lakh. Growth from April to September is 516.7%. These are sample figures, not an actual payroll run.
Sep 2024₹74L
Payroll cost is up 516.7% from Apr to Sep
Illustrative figures, not a real pay run. The trend is in the run itself, not a summary re-keyed beside it.
GROSS TO NET
ILLUSTRATIVE
Illustrative monthly gross salary ₹74,000. Take home (Net pay): ₹59,200, 80%; Provident fund (PF): ₹6,000, 8.1%; ESI: ₹1,800, 2.4%; Professional tax (PT): ₹1,000, 1.4%; Other deductions: ₹6,000, 8.1%. All amounts add up to the gross salary. PF, ESI, and professional tax total ₹8,800, 11.9% of gross.
80%Take home₹59,200
₹74,000Total gross salary
Statutory deductions (PF, ESI, PT) make up 11.9% of gross, with 80% going to take home pay.
STATUTORY OUTPUTS
FROM THE RUN
Form 24Q
Quarterly TDS return on salary
Quarterly
Form 16
Annual certificate, per employee
Annual
Payslip
Downloadable by the employee, every cycle
Monthly
Payroll register
Full run, component by component
Monthly
Payslip
Form 24Q
Form 16
Payroll register
FORM 16 & FORM 24Q
Year-End Is areport, Not a Project
Because tax is computed inside the run, the quarterly TDS return and the annual Form 16 are drawn from the same figures the employee was paid. There is no reconciliation step between the payroll you ran and the return you file.
Quarterly Form 24Q from the same computed figures.
Annual Form 16 per employee.
Payslips and the full payroll register downloadable each cycle.
The Awkward Months
Arrears, loans and Final Settlement
Payroll is easy in the month nothing happens. These are the months it usually breaks.
Arrears
A revision backdated to an earlier month pays the difference in the current run, itemised on the payslip so the employee can see what the arrear is for.
Payslip
Basic
HRA
Allowance
Arrears+ ₹8,500
Loans & advances
Company loans and salary advances recover on a schedule, instalment by instalment, and stop on their own when the balance clears.
Loan Repayment
₹12,000 / ₹60,800
EMI schedule
Auto deduction
Stops on closure
₹
Final Settlement
On exit, the settlement reads the same record: notice period, unused leave, outstanding recoveries and dues, then closes the employee out.
Settlement
Notice period
Unused leave
Recoveries & dues
Final payout
The Rest of Quorel People
One product, Four Places it shows up
Every module reads the same employee record, so a transfer, a pay revision or an exit only has to be entered once.