what is element entry?what is the purpose of element entry?
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Answer / sirisha ogirala
Hi,
Elemetnts are nothing but the Components of the Salary
i.e., Basic, TA, DA, HR, Loan etc.,
First we need to define the elements whether the element is
Earning or Deduction and recurring or non recurring. Based
on this the salary will generate. For Example Loan is the
deduction element. That loan amount will deduct in our
salary and the remaining salary we can see in SOE report.
Not for payroll only. For leaves also we need to define the
elements like Sick leave, Annual leave etc.,
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / arjoon gupta
Element entry is done for each and every assignment ,for
those elements which should process within payroll to
calculate the monthly/annual income.
Suppose For Basic Salary we have two input values as Pay
value and Standard Value.
We will do element entry in Standard value as it is user
enetrable.
Fast Formula will calculate the original value and put it
in the pay value.Which will reflect in payslip
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / vd naidu
element entry is to define element yet here enter that is
Earning element or deduction element then caluculate net
pay
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / omprakash singh
Element Entry Nothing but a distribution of Element with element name and input value in element entry windows.
payroll pick up element and input at payroll run time automatically.
| Is This Answer Correct ? | 0 Yes | 1 No |
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