How do I configure the Company Adoption Pay component?

How do I configure the Company Adoption Pay component?

The Company Adoption Pay component needs to be configured on company level before it can be added to employee profiles.

      Step 1: Search for and create the Company Adoption Pay component.

      Navigate > Configuration > Payroll > Payroll Config > Payroll Components

      
      

      

Step 2: Specify the income base accumulation as per company requirements.

      

      
      
Note!
      A different payslip name may be specified as required by entering the new payslip name in the "Payslip name" field.

Step 3: Add the component to the Allowances section on the employee's Recurring Payroll Components or Edit Payslip screen. 
  1. When the component is added on the Recurring Payroll Components screen, the value inserted will reflect on the employees payslip automatically for each respective period.
  2. When the component is processed on the Edit Payslip screen, the component will reflect as a once off on the respective payslip where the total amount may be specified.
      Navigate > Employee > Payroll Processing > Edit Payslip > Allowance

      

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