Human Resources · Odoo glossary

Payroll

Payroll is the process of calculating employee earnings, deductions, employer costs and net pay for a pay period.

Definition

In general ERP practice

Payroll is the process of calculating employee earnings, deductions, employer costs and net pay for a pay period. Attendance, employment terms and applicable rules supply the inputs.

In Odoo

Odoo Payroll uses employee contract information, work entries, salary structures and rules to calculate payslips. Localization determines supported statutory calculations; installing Payroll does not make every country’s tax and benefit requirements available by default.