How to Create and Manage Allowance Options

Introduction #

Allowance options are essential for managing additional compensation details for employees. This guide outlines the steps to create and manage allowance options within the Cosmic ERP system.

Prerequisites #

• Access: Ensure you have login credentials for Cosmic ERP.

Steps to Create and Manage Allowance Options #

1. Login to Cosmic ERP
   • Enter your credentials to access the Cosmic ERP dashboard.
2. Navigate to HRM System
   • Click on ‘HRM System’ from the main menu.
3. Access HRM System Setup
   • Within the HRM System menu, click on ‘HRM System Setup’.
4. Open Allowance Option Management
   • Click on ‘Allowance Option’ within the HRM System Setup.
5. Create New Allowance Option
   • Click on the ‘Create’ button, typically represented by a ‘+’ icon.
6. Enter Allowance Option Details
   • Allowance Option Name: Provide a descriptive name for the allowance option.
7. Save Allowance Option
   • Click on ‘Create’ to save the allowance option details.

Conclusion #

By following these steps, you can effectively create and manage allowance options in Cosmic ERP, ensuring accurate and detailed compensation management for your employees.