Hi,
I am using TimeTrex.
Can I assign gross salary to an employee.
Because I am calculating the salary of an employee according to the gross salary.
That means,
HRA
CCA,
LTA and other all deductions are taken as the percent of gross salary.
for example.
HRA is 30% of gross salary.
So for that I need a filed where I can add gross salary of an employee.
How can I do that, so that all my salary is calculated based on gross salary of employee.
Please Help.
Or give me some way so that I can customize the current software like above mentioned.
how to assign gross wage to employee
Thanks for your reply.
But now the salary calculation in timetrex is performed on the basis of basic salary. This means all the percentage are applied to basic salary.
e.g. HRA 10% of basic salary , LTA 25% of basic salary,etc
Is this right.
But I want to calculated the salary based on gross salary of en employee.
If suppose gross salary of an employee is 20000, then on this I want to calculate HRA,CCA,LTA,etc like 10% of gross,25% of gross,etc.
Can I do this in timetrex.
Or I have to modify the code to make working like I want.
Please help.
But now the salary calculation in timetrex is performed on the basis of basic salary. This means all the percentage are applied to basic salary.
e.g. HRA 10% of basic salary , LTA 25% of basic salary,etc
Is this right.
But I want to calculated the salary based on gross salary of en employee.
If suppose gross salary of an employee is 20000, then on this I want to calculate HRA,CCA,LTA,etc like 10% of gross,25% of gross,etc.
Can I do this in timetrex.
Or I have to modify the code to make working like I want.
Please help.
Ok
Sorry for inconvinience.......
I will explain in detail what I expect.
I have calculated salary of an employee in timetrex.
Currently this calculation is done by applying the percentage on basic salary.
This means, I have fixed the basic salary of employee as 6900.
Then I calculated
HRA(House Rent Allowance) - 10% of basic i.e. 6900
CCA(City Compensatory Allowance) - 30% of basic
CA(Conveyance Allowance) - 25% of basic.
All these fields are calculated on the basis of basic salary. OK
But I want to do this all based on Gross salary.
That means I want to assign Gross salary of an employee like 25000 per month
Then according to that, the HRA, CCA,CA will be calculated as 10%,30%, 25% on gross salary respectively.
So can I assign gross salary of an employee in timetrex.
Or I have to change some coding for that.
Please reply.
Sorry for inconvinience.......
I will explain in detail what I expect.
I have calculated salary of an employee in timetrex.
Currently this calculation is done by applying the percentage on basic salary.
This means, I have fixed the basic salary of employee as 6900.
Then I calculated
HRA(House Rent Allowance) - 10% of basic i.e. 6900
CCA(City Compensatory Allowance) - 30% of basic
CA(Conveyance Allowance) - 25% of basic.
All these fields are calculated on the basis of basic salary. OK
But I want to do this all based on Gross salary.
That means I want to assign Gross salary of an employee like 25000 per month
Then according to that, the HRA, CCA,CA will be calculated as 10%,30%, 25% on gross salary respectively.
So can I assign gross salary of an employee in timetrex.
Or I have to change some coding for that.
Please reply.
I'm confused still because when you assign a salaried wage to an employee in TimeTrex, that is what they get paid each pay period as a gross wage unless you manually add/deduct additional amounts. I have no idea what you mean by "basic salary".
You can get TimeTrex to do virtually anything you want, its a simple matter of taking their gross salary and modifying it with Tax / Deductions or Pay Stub Amendments.
The problem though is that I can't help you unless I understand exactly what are trying to do and exactly what the end result should be. Therefore you will need to provide detailed line by line example calculations with actual numbers so we can see exactly how you want things to look.
You can get TimeTrex to do virtually anything you want, its a simple matter of taking their gross salary and modifying it with Tax / Deductions or Pay Stub Amendments.
The problem though is that I can't help you unless I understand exactly what are trying to do and exactly what the end result should be. Therefore you will need to provide detailed line by line example calculations with actual numbers so we can see exactly how you want things to look.