An Income Tax report provides a comprehensive overview of an individual or business's taxable income, deductions, credits, and tax liabilities. It calculates the amount of tax owed to the government based on applicable tax laws.
To generate an Income Tax Statement - Consolidated report, the admin must perform the following actions:
- From the greytHR Admin login, navigate to Reports > Reports > Reports Gallery. The Reports Gallery page opens.
- In the search box, enter Income Tax Statement - Consolidated Report. The Income Tax Statement - Consolidated form opens.
- From the Financial Year dropdown list, select the relevant financial year.
- From the Employee Type dropdown list, select the relevant option.
- Click Options to customize the report further.
- From the Report Output Type dropdown list, select the type of output of the report.
- Click Save to save the customizations.
- Click Generate to generate the Income Tax Statement - Consolidated Report.
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