Payroll is the statement that shows the records of employees’ salary or wages. In any kind of companies you can see a separate department for payroll management. It plays a significant role in the net income of the company. Also it’s subject to laws and regulations of an ethical business. Payroll department ensure the on time salary distribution to the employees. This payroll software includes the function of salary calculation, tax and other deductions and pay check. There are wide ranges of software system helping to tabulate the payrolls. It includes IRIS, Pegasus etc., They are an automated centralized accounts keeping systems.