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Pay Configuration

Pay configuration allows you to design the pay for employees. According to your organization’s requirements, you are able to configure the pay.

paycon

Fields & its description:

  • Code & name

This field contains the code and name of the pay configuration. The pick list displays all the stored pay configuration entries.

  • Salary account

Here the salary account which is responsible for allocating payment to the employees is mentioned.

  • Date

The date when the pay configuration entry was created.

  • Type

In the table, type refers to the type of operation for the next column “field”. There are types like addition deduction, advance and formula. Each has its own field values. E.g. If you select formula then all the formula fields appear.

  •  Operation Type

Operation type has options like add, sub, benefits and others. Selecting one of these has different results where add and sub are functions to be performed. Benefits is related to the C2C information.

  • Element

This is the pay element to which the operations you have selected in the previous fields are to be performed.

 

 

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