Odoo 14 Payroll Management

Odoo Human Resource Management module deals with the management of employees and their related strategies. Here Odoo provides the features like contract management, leaves, Attendances, timesheets, related to the payroll. To generate the payslip for each employee we have to configure their contracts first. If an employee has an active contract, payslips can be generated. This contract specifies the basic pay, working schedules, duration, and other related details. Employees can have one or more contracts, but while generating the payslips, an active one or the latest one will be taken. The Odoo Payroll system is integrated with the Accounting module, where after generating and confirming the payslip we can create a journal entry on Accounts. This can be further processed by an account adviser or manager. To enable integration with the Account we have to install the plugin Payroll Accounting from the Odoo apps menu. These generated payslips can be exported as pdf and officers or managers can analyze the reports that are provided by Odoo. To generate a payslip for the employee, first, we have to set up the contract with a salary structure. The salary structure is the record of the set of rules and these structures can be inheritor utilize for other contracts. The salary structure can be included with one or more salary rules, which these rules specify the actual computation that needs to be done while generating payslip. Using salary structure, salary rules menu, you can create structures and rules.



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