Arrears Calculation

Arrear Calculation

Arrear Calculation is where one can calculate the increment or decrement of an individual employee. Depending upon the configuration done for the individual employee the system automatically calculates the amounts for the arrears.

Roles

Finance Admin

Path

Salary » Employee Arrear Calculation

Purpose

Arrear Calculation can be calculated for various purposes, such as:

• To view the arrear calculation for increment / decrement of the employee.
• To re-calculate the amount of the arrear.
• To pay the arrear amount for the selected month and generate transfer letters.
• To freeze the arrear amount which needs to be paid to the employee.