What is the difference between variable and general addition?
What is variable? Variable Pay is basically employee compensation that changes on on certain factors or performance metrics. It is usually offered in addition to the employee's fixed salary and comes in various forms. In people central ,The Workers who perform shifts during more desirable hours (e.g., night shifts or weekends) may receive extra pay as a variable addition.
Addition type - There are 4 variable in the system in built. so those Variables are not able to delete or should not be deleted. Those variables can be use or keep it as it is if they are not usable in particular company. It can be renamed as per the organization's needs under Additions Types where as General Additions like Allowance, Claim and Timesheet Allowance refer to the pay types available for employees.
An "additional allowance" typically refers to an extra amount of money or financial benefit provided to an individual or group in addition to their regular income or base allowances. These additional allowances can serve various purposes and may be granted for different reasons.
Product Version: SMEPayrollTM Version 11
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How to add a New Addition Type
Users can able to add a new Addition Type by following the given steps: Step 01: Go to the “Admin” module and select the “Manage Setting” from the drop-down list. Step 02: Go to the “Payroll” tab and Click “Additions”. Note: There are 3 different ...Why Addition and Claim types are not showing on the payslip?
Step 01: Go to the "Manage Setting" under the "Admin" module. Step 02: Then, in "Manage Setting", click the "Additions" and click on add new addition type. Here, the types are General addition and Claim. Step 03: Add/Edit the Addition type and select ...How to amend addition types in the system?
To amend addition types manage company > manage setting > Payroll> additions > select particular addition and try to do the changes Note : if this addition type is already used for previous payroll then changes can't be made.How to determine which addition/deduction attract CPF contribution?
To determine which addition/deduction attracts CPF is to liaise with CPF Board. Below is the link for your reference or contact CPF Board for any inquiries: ...How to determine which addition/deduction attract CPF contribution?
To determine which addition/deduction attracts CPF is to liaise with CPF Board. Below is the link for your reference or contact CPF Board for any inquiries: ...