The Deductions section in the admin portal allows you to efficiently manage employee deductions, automate deduction calculations, and generate deduction-related reports. This section provides a centralized platform to set up deduction types, configure deduction rules, and track employee deductions accurately.
1. Accessing the Deductions Section
To access the Deductions section in the admin portal, follow these steps:
- Open your web browser and enter the URL: https://dev.openscope.in/admin/hr_payroll/manage_deductions
- Log in to your admin account using your credentials.
- Once logged in, you will be directed to the Manage Deductions section automatically.
2. Deduction Setup and Configuration
In the Deductions section, you can set up and configure various deduction types based on your organization’s policies and requirements. Some common actions you may perform include:
Deduction Types: Define deduction types such as tax deductions, benefits deductions, loan repayments, or any other relevant deduction categories.
Deduction Rules: Establish deduction rules and calculations based on factors such as employee salary, percentage-based deductions, fixed amount deductions, or deduction limits.
Deduction Frequencies: Determine the frequency of deductions, such as monthly, bi-weekly, or custom deduction schedules.
3. Deduction Calculation and Processing
The Manage Deductions section allows you to calculate and process deductions for your employees automatically. Some common actions you may perform include:
Automated Deduction Calculation: Utilize the predefined deduction types and rules to automatically calculate deductions based on employee salary and relevant deduction factors.
Employee-Specific Deductions: Make manual adjustments or modifications to deductions for specific employees, considering special circumstances or individual deduction requirements.
Deduction Processing: Generate deduction statements or reports for employees, outlining the deducted amounts within a specific payroll period.
4. Deduction Reports and Analytics
The Manage Deductions section provides access to various reports and analytics related to employee deductions. These reports help you monitor deduction expenses, track individual deduction details, analyze deduction trends, and generate deduction-related financial reports.
5. Saving and Applying Changes
After configuring deduction types, setting up deduction rules, or processing deductions, remember to save the changes to reflect them in the system. Look for the “Save” or “Apply” button at the bottom or top of the Manage Deductions page to save your changes.
