Thursday, May 20, 2010

HRA Exemption Calculation does not match

HRA Exemption Calculation does not match
1. Go to Tax Settings and check what is selected in HRA Exemption Calculation field: HRA Exemption Calculation: "Prorate with paid days" means the rent amount will be prorated and "Actual paid amount" actual rent will be considered. Basic and HRA is also prorated I.e. if the employee gets full month basic but the rent amount is applicable from 15th of the month then Basic and HRA will be prorated.
2. Check if the total days (total month days) selected are same or not i.e. you have selected 30 days for first six months and then you have selected calendar days for the next six months.
3. Rent inserted in Webpay is Annual or Monthly.
4. Check HRA paycode is mapped with HRA in paycode master.

Blog by BBSPL
Webpay Copyright BBSPL

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