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MAGICA INFOTECH LLP • Payroll Settings
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MAGICA INFOTECH LLP • Payroll Settings
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Payroll Period
Year
Enter valid year.
Month (1-12)
Enter month 1–12.
Payroll Month Start
Select start date.
Payroll Month End
Select end date.
Days in Month
Enter days 1–31.
Statutory Settings
PF Employee %
PF Employer %
ESI Employee %
ESI Employer %
ESI Wage Limit (Monthly)
PT (Monthly)
PF Wage Cap Enabled
Yes
PF Wage Cap Amount
Used to cap PF wages in payroll calculations.
CTC Auto-Distribution (All %)
Special Allowance Auto
Basic % of CTC
HRA % of CTC
Conveyance % of CTC
Educational Allow. % of CTC
Special Allowance % (Auto)
Auto = 100 - (Basic+HRA+Conveyance+Education)
Total
Total exceeds 100%. Please reduce percentages.
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