How is the Loan calculation done when we check the two boxes in the extra settings?
There are two options under Loan calculation settings in extra settings. They are
Deduct Flat EMI for loans and
Deduct interest on loan from loan taken date.
When we enable Deduct flat EMI for loans then it will start deducting based on the flat EMI, if not it will deduct basis floating EMI.
When we enable Deduct interest on loan from loan taken date, the interest will begin to deduct from the loan taken date.
To enable the above two options, follow the below pathway-
PATHWAY- Settings>payroll>Extra settings
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How to create an extra deduction category ?
Steps to follow-up 1.Login and switch to admin. 2.Click on settings > Payroll > Deduction Categories > Create deduction categories. 3.Fill all the details and save it. Result: The extra deduction category will be created.Where to enable, allow duplication of entries for extra payments & deductions?
Answer Go to Settings Payroll Extra Settings Allow Duplication of Entries in Extra Payment and DeductionCan "Allow Duplication of Entries in Extra Payments and Deductions " option be used for all employment types?
Enabling Allow Duplication of Entries in Extra Payments and Deductions will be applied for all types of employees except Regular and Consultants For enabling this option, follow the below pathway- Pathway- Settings>payroll>extra settingsQ. How to give disclaimer note in an extra setting to appear when claims are submitted by the employee?
In the Extra settings, under the Benefits disclaimer you need to type the disclaimer and enable the Yes, please show Disclaimer while claiming Benefits Option.How to delete extra deductions in bulk ?
Steps to follow-up 1.Login and switch to admin. 2.click on Payroll>Payroll Rules Engine 3.Click on Delete Extra payments. Later on, change the URL from extra payment to extra deductions. 4.Download the sample file and fill all ...
