• View Page Source

• Recent Changes
  Page Index
  About
  SystemInfo
  

  IT_slab_2010
  UndefinedPages
  

How do I update the salary details of an employee?#

Each company has a certain compensation structure with various components like Basic, HRA, conveyance, etc. For any component, you can specify:

1. a fixed amount for a component: BASIC = 8500
2. a formula: HRA = 40% of BASIC
3. lookup: if Location = Timbuktu then SPECIAL ALLOWANCE = 2000
4. slab lookups: if BASIC between 5000-10000 then LUNCH ALLOWANCE = 500
5. computed using special payroll agents (e.g. INCOME TAX, PROFESSIONAL TAX, etc.)

You need to input values only for those components that are fixed amounts (1). All other components will be computed based on the formula, lookup or special processor and do not require any inputs.

Here are the steps to update the salary details of an employee:

1. Go to Salary tab and select the payroll month from the drop down menu.
2. From the list of employees below, select the employee for whom the salary data is to be viewed or updated.
3. The salary components of the selected employees are shown in two tables as Income & Deduction. The description against each number is as below :
   1. All the income components are listed here. These components include both manual (hand entry) and formula based.
   2. This column displays the statutory and other deductions done.
   3. Click on the EDIT button to edit that particular component
   4. You can edit the LOP days here
   5. Total number of payment days
4. Click the Edit Button next to the required component.
5. Click on Add Record to make a new entry and select the From date and key in the Amount and click on Save.
6. Process payroll for the selected employee to update the changes.
7. You can notice the effective changes in Income and Deduction column.