How to create Allowances/Deductions/Benefits for CTC Template Components?
1) Creating Fixed Allowances:
- From the dashboard>> Go to the left panel>> Click on the "Payroll">>
- Select "Payroll Settings">> From the "Details List">> click on "Fixed Allowances"
- On the top right side click on "+ Allowance"
- Select the Allowance type from the drop-down >> Custom Label it >> Select the allowance affect "YES OR NO" and Save.
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2) Creating Fixed Deductions:
- From the dashboard>> Go to the left panel>> Click on the "Payroll">>
- Select "Payroll Settings">> From the "Details List">> click on "Fixed Deductions"
- On the top right side select "+ Deduction"
- Custom Label the deduction >> Select "YES" or "NO" for attendance effect eligibility and Save.
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3) Creating Variable Allowances:
- From the dashboard>> Go to the left panel>> Click on the "Payroll">>
- Select "Payroll Settings">> From the "Details List">> click on "Variable Allowances"
- On the top right side select "+ Allowance"
- Label the Variable Allowance >> Select the allowance affect "YES OR NO"
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4) Creating Variable Deductions:
- From the dashboard>> Go to the left panel>> Click on the "Payroll">>
- Select "Payroll Settings">> From the "Details List">> click on "Variable Deductions"
- On the top right side select "+ Deductions "
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5) Creating Other Benefits:
- From the dashboard>> Go to the left panel>> Click on the "Payroll">>
- Select "Payroll Settings">> From the "Details List">> click on "Other Benefits"
- On the top right side select "+ Benefit"
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