What are the Consequences or Rolling back a payroll?

Once a payroll is finalized, the payments of employees for the month are fixed and any further changes to the payroll settings will not affect the payments for the month. The changes in settings will only affect the consequent months. Now when payroll is rolled back, any changes in payroll that are made after the payroll was initially finalized will affect the rolled-back month.

Here may be the consequences of Payroll Rollback:

1. The salary Structure and the computation may be changed in case there are changes in the structure or in the salary component formula.

2. The TDS amount may change if there is a change in the declaration amount or based on the approval settings of the declarations.

3. 

Hope the consequences of Rolling back payroll for a month are now clear. Need more help? You can refer to the other articles available or Contact us!