How to configure a new salary component ?

A new salary component can be configured only once it is added.

To add a new salary component please follow the FAQ below

How to add a new salary component in the CTC?

Once a component is added and then to configure a new salary component please follow the below steps:

  1. Login to the Zimyo Payroll software using your login credentials.
  2. Click on the configuration tab on the navbar.
  3. In the configuration tab, click on Salary Component.
  4. Here you can see the newly added component and to configure this component you can use “Added”, “Display on Payslip”, “Attendance Dependent”, and “Calculation”.
  5. You can either set a flat amount for the new component or can set a formula for calculating the component from the total salary.
  6. Click on Update to save the changes.

Please refer to this for better understanding:

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Updated on April 4, 2022