Gratuity, Superannuation and Loans

[Former Member]

Hi,

To configure Gratuity, Superannuation and Loans what information do need from client.

Samriddhi

[sikindar_a · Accepted solution]

Grautiy

it is the payment made to the employee once he completed the Years of Srvice

check PE04 fun INGRY

Loans just check the the node Loans in the IMG

and superannuation check with the above explanation

Loans IT 40 45 78

Gratutity and Super annuation IT0185

[raghu_c]

Hi,

For Gratuity you need to maintain the following

Gratuity Trust ID, Contribution rates, If gratuity is based on certain wage types they need to be defined and most important od all Eligibility has to be maintained

For Superannuation also the same need to be maintained, except that instead of Gratuity ID it will be superannuation ID

For loans you can follow what surya has mentioned

Regards

Raghu

Edited by: Raghu C on May 8, 2009 6:59 AM

[Former Member]

Regarding Loans you can get details of Employee loan conditions and rules, amount limits,type of loans, payment types either regular or off-cycle,settlement of loan by payroll or external bank transfer etc.

[former_member583520]

Hi,

Gratuity: You can collect from them formula and what the process they are paying the Gratuity amount.

Supeannuation: For this what is the process they are to be paying the lic and all check.

Loans: persentage of the interset, how many installments.

Thanks and Regards,

Revathi.