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You are viewing an old revision of this post, from June 14, 2021 @ 09:57:42. See below for differences between this version and the current revision.

Pay Revision-Single Employee-Detailed

The revision process is processed for a single employee, the cases for revision may differ, Salary or Bonus increment, Bus fare, Canteen expenses deduction or addition, etc., or as per Organization policy.  Path: Transaction > PayRevision > Single Employee
  1. Revision No & Date: The revision No field has a list of revisions done by the user. Revision numbers are generated automatically. Enter the date of the revision in the revision date.
  2. Reference No & Date: Reference no. and Date can be entered if required.
  3. Pay Configuration: Select the pay configuration for which the pay revision is to be applied.
  4. Rate Per Hour: Specify the rate based on the salary received by the employee. This should be on an hourly basis. Billing rate proposed for the employee. 
  5. Cost Per Hour: Enter the cost per hour as incurred by the organization on behalf of the employee. 
  6. C2C: This is the annual cost of the employee to your organization.  
  7. Employee Name: Select the employee name from the picklist. This is the employee whose pay is to be revised. 
  8. Effective From & To: Select the revision period from the Effective From and To field, which should be at the start and end of any month.
  9. Remarks: Enter the remarks if required.
  10. Click the Save button.
A tabulation of particulars displaying the current and revised values is available.  

Contents

Revisions

Revision Differences

June 14, 2021 @ 09:57:42Current Revision
Title
Deleted: Pay Revision-Single Employee-Detailed Added: Pay Revision-Single Employee
Content
Deleted: <b>Pay Revision - Single Employee</b> 
Unchanged: <span style="font-weight: 400;">The revision process is processed for a single employee, the cases for revision may differ, Salary or Bonus increment, Bus fare, Canteen expenses deduction or addition, etc., or as per Organization policy. </span>Unchanged: <span style="font-weight: 400;">The revision process is processed for a single employee, the cases for revision may differ, Salary or Bonus increment, Bus fare, Canteen expenses deduction or addition, etc., or as per Organization policy. </span>
 Added: <strong>Path: Transaction &gt; PayRevision &gt; Single Employee</strong>
Unchanged: <a href="https:/ /help.goodbookserp.com/wp- content/uploads/ 2021/06/Payrevision_ 01.png"><img class="alignnone size-full wp-image-13997" src="https:// help.goodbookserp.com/wp- content/uploads/ 2021/06/Payrevision_01.png" alt="" width="697" height="351" /></a>Unchanged: <a href="https:/ /help.goodbookserp.com/wp- content/uploads/ 2021/06/Payrevision_ 01.png"><img class="alignnone size-full wp-image-13997" src="https:// help.goodbookserp.com/wp- content/uploads/ 2021/06/Payrevision_01.png" alt="" width="697" height="351" /></a>
 Added: <ol>
 Added: <li><strong>Revision No &amp; Date</strong><span style="font-weight: 400;">The revision No field has a list of revisions done by the user. Revision numbers are generated automatically. Enter the date of the revision in the revision date.</span></li>
 Added: <li><strong>Reference No &amp; Date</strong> <b>:</b><span style="font-weight: 400;"> Reference no. and Date can be entered if required.</span></li>
 Added: <li><b>Pay Configuration</b><span style="font-weight: 400;">Select the pay configuration for which the pay revision is to be </span>applied.</li>
 Added: <li><strong>Rate Per Hour:</strong><span style="font-weight: 400;"> Specify the rate based on the salary received by the employee. This should be on an hourly basis. Billing rate proposed for the employee. </span></li>
 Added: <li><strong>Cost Per Hour:</strong> <span> Enter the cost per hour as incurred by the organization on behalf of the employee. </span></li>
 Added: <li><strong>C2C: </strong><span> This is the annual cost of the employee to your organization.  </span></li>
 Added: <li><strong>Employee Name:</strong> <span> Select the employee name from the picklist. This is the employee whose pay is to be revised. </span></li>
 Added: <li><strong>Effective From &amp; To:</strong>< span> Select the revision period from the Effective From and To field, which should be at the start and end of any month.</span></li>
 Added: <li><strong>Remarks: </strong>Enter the remarks if required.</li>
 Added: <li>Click the <strong>Save</strong> button.</li>
Deleted: <b>Fields &amp; its description:</b>Added: </ol>
Deleted: <b>Revision No &amp; Date </b><span style="font-weight: 400;">- The revision No field has a list of revisions done by the user. Revision numbers are generated automatically. Enter the date of the revision in the revision date.</span>  
Deleted: <b>Reference No &amp; Date</b><span style="font-weight: 400;"> - Reference no. and Date can be entered if required.</span>  
Deleted: <b>Pay Configuration</b><span style="font-weight: 400;"> - Select the pay configuration for which the pay revision is to be </span>applied.  
Deleted: <b>Rate Per Hour </b><span style="font-weight: 400;">- Specify the rate based on the salary received by the employee. This should be on an hourly basis. Billing rate proposed for the employee. </span>  
Deleted: <b>Cost Per Hour</b><span style="font-weight: 400;"> - Enter the cost per hour as incurred by the organization on behalf of the employee. </span>  
Deleted: <b>C2C </b><span style="font-weight: 400;">- This is the annual cost of the employee to your organization.  </span>  
Deleted: <b>Employee Name</b><span style="font-weight: 400;"> - Select the employee name from the picklist. This is the employee whose pay is to be revised. </span>  
Deleted: <b>Effective From &amp; To</b><span style="font-weight: 400;"> - Select the revision period from the Effective From and To field, which should be at the start and end of any month.</span>  
Unchanged: <span style="font-weight: 400;">A tabulation of particulars displaying the current and revised values is available.</span>Unchanged: <span style="font-weight: 400;">A tabulation of particulars displaying the current and revised values is available.</span>
Unchanged: <a href="https:/ /help.goodbookserp.com/wp- content/uploads/ 2021/06/Payrevision_ 02.png"><img class="alignnone size-full wp-image-13998" src="https:// help.goodbookserp.com/wp- content/uploads/ 2021/06/Payrevision_02.png" alt="" width="743" height="452" /></a>Unchanged: <a href="https:/ /help.goodbookserp.com/wp- content/uploads/ 2021/06/Payrevision_ 02.png"><img class="alignnone size-full wp-image-13998" src="https:// help.goodbookserp.com/wp- content/uploads/ 2021/06/Payrevision_02.png" alt="" width="743" height="452" /></a>
Unchanged: &nbsp;Unchanged: &nbsp;

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