Total Compensation Statement vs Custom Reports for Employee Statements

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My client wants a statement to be generated every month which displays both the Monthly and Yearly average of the different Components in their salary and Benefits and other elements like One-off Payments.

I thought of using Total Compensation but there is no option to display the per period statements. Is there a way to achieve this in Total Compensation or should we need to build custom Reports in order to schedule and print them?

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