Table of Contents
Introduction #
Setting up employee salaries is a critical function in any HRM system. This guide will walk you through the process of creating and managing salary details for employees in Cosmic HRM.
Prerequisites #
- Employee
- Payslip Type
- Bank Account
- Allowance Options
- Loan Options
- Deduction Options
- Overtime Title
Steps to Set Employee Salary #
- Login to Cosmic ERP
- Enter your username and password to access the Cosmic ERP dashboard.
- Navigate to HRM System
- In the main menu, click on ‘HRM System’.
- Access Payroll Setup
- Within the HRM module, click on ‘Payroll Setup’.
- Set Employee Salary
- Click on ‘Set Salary’.
- Initiate Salary Setup
- Click on the ‘Action’ button.
- Click on the ‘+’ icon on the ‘Employee Salary’ tab.
- Enter Salary Details
- Select Payslip Type: Choose the type of payslip.
- Enter Salary: Input the base salary amount.
- Select Bank Account: Choose the bank account for salary disbursement.
- Click on ‘Save changes’.
- Add Allowances
- Click on the ‘+’ icon on the ‘Allowance’ tab.
- Select Allowance Option: Choose the applicable allowance option.
- Enter Title: Provide a title for the allowance.
- Select Type: Choose the type of allowance.
- Enter Amount: Input the allowance amount.
- Click on ‘Create’.
- Add Commissions
- Click on the ‘+’ icon on the ‘Commission’ tab.
- Enter Title: Provide a title for the commission.
- Select Type: Choose the type of commission.
- Enter Amount: Input the commission amount.
- Click on ‘Create’.
- Additional Options (if required)
- Loan: Enter loan details.
- Saturation Deduction: Input any applicable deductions.
- Other Payment: Provide details of any other payments.
- Overtime: Enter overtime details if applicable.
Conclusion #
Setting employee salary details in the Cosmic HRM system ensures accurate payroll management. By following these steps, you can efficiently create and manage salary information for your employees.
