How can we assign an Element to the PF when its defined as component of the gross salary?
We have created a Salary Basis with multiple components. We have PF,HRA,Medical allowance etc which are percentage of the annual gross salary. We have created an Element for Salary with an Input value.
However, if we need to calculate the Provident Fund(PF) contribution for each month and send it to third party or use it for our Total Compensation Statements. Is there a way to map it to an Element so that we can track it against the Employee's Element Entry.
There is a workaround where we can automatically create an Element Entry for the Employee with a percentage of gross salary.