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- Deductions
All the amounts deducted from employee pay and forward to other organization are listed below. If needed user can add new deduction to this list.
Calculation Basis: Allows calculating the employee entitlements by following ways:
User entered amount: Enter the payment amount while processing employee pay
Percentage: Percentage of selected wages categories from the list. For example, 10 % of base gross wages (1250.00) is 125.
Dollar: Calculate amount from defined amount based on selected period, for 100 $ for a month. If employee pay frequency is twice a month then 50 $ processed while paying.
Limits:
No Limits: Set no limit for calculating superannuation.
Percentage: Set limit as a percentage of selected wages categories.
Dollar: Set limit as a fixed amount based on the selected period.