How to create CTC template?
- Go to Payroll -> CTC Template
- Click on "+ CTC Template"
- Enter Template Name
Component & Hierarchy Selection :
- Click on the drop-down and select Allowances, Benefit, Contributions & Deduction of each component
- You can also decide the hierarchy of the components under respective fields.
Restrictions on CTC Basket and Amount Allocation :
- Enter the percentage/amount for each component
Note: The created CTC Template can be applied to the existing employee or to the new onboarding joiner.