Pay Items
These are the individual components or element that makes up an employee's total compensation packages. These items encompass various types of payments, deductions and benefits that are included in an emplpyees payslip. Allowances, overtime, compensations, deductions and other payroll items can be set.
To create payroll items, On the payroll page,
- Select settings
- Select Payroll Items
**Please note, the system has default statutory pay item set already. You can add other pay item of the company.
- Complete required fields
Fields | Description |
---|---|
PayItem Type | The various types of payitems |
Item Name | The name of the payitem |
Amount | The amount give for the payitem |
Item Status | Indentify if the payitem is active or inactive |
Application Mode | Based on the payitem amount specified, state if it is a norminal amount or a percentage |
Taxable | Checked if the payitem is taxable |
Description | Additional note to the payitem |
Institutional Payroll Item | Checked to select the statutory institution of the payitem |
- Select save and close