Consultants Payments through Sumopayroll

Consultants Payments

SumoPayroll provides enhanced and easily configurable payment options to consultants. It provides flexibility to choose consultant type between ‘Individual’ and ‘Company’. The information of the ‘Individual’ and ‘Company’ need to be given depending on the option chosen. Payment Details, Generation of Invoice, Calculation of GST and TDS, Payment method, Calculation of Base Amount and Net Amount.

Enhanced payment options to Consultants

  • Customizable consultant type options to choose between ‘Individual’ and ‘Company’.
  • Identification details depending on the chosen consultant type.
  • Multiple options for choosing payments like Cash, Cheque, Bank Details.
  • Automatic calculation of the GST and TDS.
  • Automatic calculation of the Base Amount and Net Amount.
  • Ease in generating Invoice.



What are TRACES?

Traces Expanded abbreviation – TDS reconciliation analysis and correction enabling system It is a utility provided by the Income Tax Department for a Taxpayer and

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