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HRA live Calculation in the Salary basis components break up based on the Basic Pay

in Compensation 1 comment

Summary:

We created the salary basis with type as Salary amount is determined by rates to capture the salary components like House Rent Allowance, Shift Allowance, Meal Allowance, Special Allowance. We want HRA call should be 40% of Basic pay. .We tried to created Derived Rate in Rate definition and selected the Value By Criteria.. It is not calculating after entering the Basic Pay. Can anyone help us how to create the Rate to calculate HRA?


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