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Flat & Hourly Component
In this article, you’ll learn how to add salary components like basic salary, hourly wage rate, etc.
Steps to add flat & hourly components:
Step-1: In the organization menu, navigate to ‘HR & Payroll’.
Step-2: Select ‘Salary Component’.
Step-3: Click on ‘Add Salary Component’.
Step-4: Enter all the mandatory component details & then click on the ‘Save‘ button.
Step-5: Likewise you can also add an hourly wage rate.
Step-6: Now click on the ‘HR & Payroll’ in the organization menu.
Step-7: Navigate to ‘Payroll Configuration‘.
Step-8: Click on the ‘Edit‘ button & enter the basic pay & wage rate of the staff. Then click on the ‘Save‘ button.
You can also add the Salary component in Payroll Configuration.
Step-9: Now in the organization menu, navigate to ‘HR & Payroll‘ & select ‘Payroll‘.
Now click on ‘Process Payroll‘.
Step-10: Here you’ll find the staff’s basic pay & flat hourly wage for June month.