Hi All,
I need to ask one question regarding Salary Basis, that it is necessary to map all the elements with salary basis or just map with Basic Pay as we select this in assignment window.
Regards,
Salary Basis
-
- Posts: 388
- Joined: Wed Oct 03, 2007 11:32 pm
- Location: Saudi Arabia
-
- Posts: 41
- Joined: Tue May 05, 2009 5:19 am
- Location: Pakistan
This is basically depend upon your business rules or requirement, but I will explain you as what I did with my organization.
Fixed Salary = Basic Salary + Food Allowance + Housing Allowance +Miscellaneous Allowance +Transport Allowance
the most important thing is that which element are costing or which element are not.
so better to communicate with finance needs and at least define those necessary element that will be transfer to GL, after running the payroll and costing processes.
Kind Regards,
Muzamil Khan
Fixed Salary = Basic Salary + Food Allowance + Housing Allowance +Miscellaneous Allowance +Transport Allowance
the most important thing is that which element are costing or which element are not.
so better to communicate with finance needs and at least define those necessary element that will be transfer to GL, after running the payroll and costing processes.
Kind Regards,
Muzamil Khan
-
- Posts: 388
- Joined: Wed Oct 03, 2007 11:32 pm
- Location: Saudi Arabia
-
- Posts: 258
- Joined: Sun Oct 12, 2008 1:50 pm
- Location: Saudi Arabia
- Contact:
Dear ssalipk,
You are correct. You can not assign more than one Salary Basis to an assignment. Besides, defining more than onse salary basis is controlled by client business; i.e. If you have more than one category of employees paid differently, then you can define two elements and link them to two salary bases to identify the two salary element that will be assigned to employeed based on them.
In other words, usually you need to link Basic Salary element with the Salary Basis, but you might need other element as per you business rules.
You are correct. You can not assign more than one Salary Basis to an assignment. Besides, defining more than onse salary basis is controlled by client business; i.e. If you have more than one category of employees paid differently, then you can define two elements and link them to two salary bases to identify the two salary element that will be assigned to employeed based on them.
In other words, usually you need to link Basic Salary element with the Salary Basis, but you might need other element as per you business rules.
Who is online
Users browsing this forum: Ahrefs [Bot] and 1 guest