Draft Payroll

Draft Payroll refers to a preliminary payroll calculation prepared before the payroll is finalized and processed for salary disbursement. It allows HR and payroll teams to review employee earnings, deductions, attendance inputs, leave, overtime, bonuses, reimbursements, and other payroll components before generating the final payroll.

In an HRMS, Draft Payroll provides an intermediate stage for validating payroll data, identifying discrepancies, making authorized corrections, and obtaining required approvals. Once the payroll is reviewed and approved, it can be finalized for payslip generation, statutory processing, accounting, and salary disbursement. Draft payroll functionality helps reduce payroll errors, improve payroll accuracy, and provide greater control over the salary-processing cycle.
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