The system provides some by default formulas but an employer can create formulas on their own. The formula is basically used to perform calculations.
To know more about how to create a formula. Follow the following steps.
- In the navbar click the payroll tab.
- The above step will open new tabs in the dropdown. Click the settings tab.
- The above step will open new tabs in the dropdown. Click the formula tab.
- The above step will open the formulas index page.
- Click create button to create a formula.
- The above step will open a popup to create the formula.
- Enter formula name.
- Click the expression button to add the formula expression.
- The above step will open a new popup to add an expression.
- You can create an expression by using available formula and pay items.
- Click on any item(formula/pay item) will add it into the expression field present in the centre.
- You can use all mathematical symbols according to your own choice whenever you need them in the formula.
- Above expression will multiplay gross salary with 2.
- Click the save button to create an expression.
- Select salary division.
- Select yes if the formula is related to salary.
- Select no if the formula is not related to salary.
- Enter formula description.
- Finally, click the save button to create a formula.
- The formula will be created and look like.
