Tally it is known as pay head.
Today, I will explain you how to create pay heads in tally
Pay heads are the type of salary or components of salary package
for i.e. basic salary, House Rent Allowance, special allowances, conveyance, allowances, provident fund, employer contribution, professional tax etc etc. are known as pay heads in tally.
So, if your salary package consist of several different components then you have to create all such different different pay heads. Here I will explain you how to create a basic salary pay head.
Remember , you don’t need to create a gross salary or net salary pay head!
Go to main menu of tally or gateway of tally and click the payroll info
Now select pay heads as shown below
Create a new pay head as per below
Input details as shown under the screen
Do let me know if you face any problem in this regard .