A Payroll Statement is a report that tabulates various payroll components paid to all employees. The statement could be grouped by department, location, etc.
You can think of this as an Excel spreadsheet with one row per employee. The columns are various salary components and each cell is the value of the component for the employee.
The payroll statement can be sorted on employee number, department, or cost center.
Click on the below video link to know how to generate payroll statement on greytHR