Perquisites is one of the components in the salary structure of an employee. To revise the Perquisites value, perform the following actions:
- Navigate to Payroll > Payroll Inputs > Salary. The Salary page opens.
- From the Search by Emp No/Name search box, select the employee for whom you want to update the component value. The Component Group table appears.
- In the Search by components search box, search for PERQUISITE ITEMS.
- Under the PERQUISITE ITEMS, select the item which you want to edit.
- Click the Edit icon. Edit pop-up appears.
- Click +Add Row to add a new row in the pop-up.
- Under the Amount column, add the value of perquisite.
- Fill in the other required details.
- Click Save to update the perquisite value.
- Click the X icon to close the pop-up.
- On the Salary page, click Process Payroll to revise the component value.
Related Links:
- Video - To learn more about greytHR, click here.
- Documentation - To read more about Income Tax, click here.
- Product Update - To read our product update, click here.