A Payroll Statement is a report that lists all of the payroll components that have been paid to all of the employees. The statement could be divided into categories such as department, location, and so on. Consider it an Excel spreadsheet with one row for each employee.
The Payroll Statement report can be used to create a report for a certain Pay Head/Ledger. Tally Gateway > Display More Reports > Payroll Reports > Payroll Statement > from the List of Pay Heads, select the appropriate Pay Head. Alternately, press Alt+G (Go To) > type or pick Payroll Statement > Enter.
A typical payroll report includes a summary, which includes name, address, social security number, gross pay and deductions. The detailed section has information such as net pay and taxable income.