Employee Deductions
# Employee Deductions Employee Deductions are essential components of payroll management, allowing employers to withhold specific amounts from mudu_hr_backend.employees' earnings for various purposes such as taxes, benefits, or other contributions. ## Setting Up Employee Deductions
1. **Choose a Deduction Type**: Select from options like tax, contribution, loan, or other custom types.
2. **Define Calculation Method**: - Fixed Amount: A set amount deducted each pay period. - Percentage: A proportion of the employee's earnings. - Bracket: Variable rates based on earning thresholds.
3. **Specify Calculation Base**: Determine whether the deduction is based on gross salary, net salary, or a specific tax base.
4. **Configure Exemptions**: If applicable, set up tax exemptions or other special conditions.
5. **Create Bracket Lines**: For bracket-based deductions, define the income ranges and corresponding rates or amounts.
6. **Review and Activate**: Double-check all settings and activate the deduction for use in payroll calculations.
Remember to comply with all relevant labor laws and regulations when setting up deductions. Regular review and updates may be necessary to ensure ongoing compliance and accuracy.
All Deductions
View and manage all company deductions.