How to handle Allowances and Deductions in our payroll processing?

Schools can set Basic salary based on the percentage or enter manually.
When you choose to calculate basic based on the percentage, the system will automatically calculate the based on the percentage in the total gross salary.
When you choose to enter manually, the system considers the amount you enter against the employee in salary details individually.

Schools can create Allowances and Deductions based on the percentage or manual.

Allowances are the positive amounts that will add and reflect in the salary based on the percentage or manual settings.
Ex: HRA, Basic, TDS, etc.

Deductions are the amounts that will deduct every month based on the salary settings.
Eg: PF, ESI,

We can mention the amount as Exact amount, round off to nearest rupee, Floor or ceiling amount.

You can View Allowance / Deduction overall settings under view Allowance/Deductions tab.

You can also Copy Allowances/Deductions from one Branch to another Branch.

Path: Settings/ HR / Add Allowances