Salary Component Formula's

1

Hi Good Day, can someone guide me to right direction i am starting to study the HR procedure and i am a little bit confused on how does formula work. since i am using excel for my formula’s.

I am trying to achieve the following:

I want to auto calculate my hourly rate, daily rate, overtime pay and all my deduction and earnings on salary structure how can i achieve this using the condition and formula on erpnext?

Thanks in advance.

2

Hello,

You will have to create timesheets to record the overtime and then run payroll for the same. Check the following link to know how to configure the same in ERPNext:
frappe.erpnext.com/kb/hr/create-payroll-entry-with-timesheets

Hope this helps!

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