How to setup monthly custom deductions in SalaryBox?
- Open Settings option in SalaryBox
- Select Manage Salary Templates from Salary Settings Menu
- Select Create Template and name the Template (example: Salary Template for FY 2022)
- Similarly under Employee Deductions you can find Add deductions option from where you can add custom deductions of your choice.
- To add a new custom deductions click on Add custom button and write the name & amount value of the custom deduction.
- Upon clicking on Add deduction, these deductions will be calculated based on monthly attendance
- You can also opt whether to make this a fixed deduction. If you choose so, the deduction will be calculated irrespective of the monthly attendance.
- After completing the entire template save the template.
- Select the employee on which you want to add the template
- Go to Salary Payment Info
- Click on edit ESI, EPF and Allowance option
- Choose the desired template and click on update CTC
- Once updated, custom deductions will be calculated based on your settings.