The income tax components in payroll software are essential to ensure compliance with tax laws and regulations, maintain accurate payroll records, and minimize the risk of costly errors or penalties.
To override income tax values, the admin must perform the following actions:
- From the greytHR Admin login, navigate to Payroll > Payroll Inputs > Salary. The Salary page opens.
- From the Search by Emp No/Name search box, search for the employee for whom you want to override Income Tax values.
- Under Component group, click NET PAY > TOTAL DEDUCTIONS.
- Under TOTAL DEDUCTIONS, click the Override icon available next to INCOME TAX. The Override: INCOME TAX pop-up appears.
- Click +Add row to add a new row in the pop-up.
- Fill in the required details in the pop-up.
- Click Save to override the Income Tax values.
- Click X to close the pop-up.
- On the Salary page, click Process Payroll to view the updated component value.
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Related Links:
❓FAQs - To read more FAQs about Income Tax, click here.
📃Documentation - To read more about the Income Tax page, click here.
▶Video -To watch the Income Tax video, click here.
📢Product Update - To read our product update, click here.