Control Parameter Details
As an administrator, you can save and submit Control parameter details in the Control Parameter details page.
To view Control parameter details:
On the PW Admin menu, under Payroll, click Control Parameter Details.
The control parameter details page appears.
The various tabs found under control parameter details are
The Configuration tab displays the various configuration details available
The Component exemptions tab displays the components which are monthly exempted
The Tax Adjustment tab displays the various items for which taxes are adjustable
The Year End Proof tab displays items for which validation has been done
The Deduction tab displays components for which deduction has been done
The Department Clearance tab displays departments for which department clearance has been done
The Reimbursement tab displays components for which reimbursement will be provided
Configuration tab
This tab displays the configuration parameters of the control parameter.
Under PF calculation method
Select Yes if PF is applicable or else click No.
Whether the PF is calculated on Full Basic DA value or not.
Whether the PF calculation is done on PF Base value or not. If yes, the EPF limit is displayed.
Under Employee State Insurance
Select Yes if Employee State Insurance (ESI) is applicable or else click No.
If ESI is Applicable, enter the ESI max limit in the ESI Max Limit text box.
Under Labour Welfare Fund
Click Yes if LWF is Applicable or else click No.
Under Food coupon
Select the check box to enable Food Coupon Applicable.
If the food coupon option is applicable, it is deducted from the first month.
Under Attendance details
Whether Fixed days are considered when doing calculations. If yes, enter the number of days.
Whether calendar days are considered when doing calculations.
Whether working days are considered when doing calculations.
To enable fixed days, select the Fixed Days check box and enter the number of days in the Days text box.
To enable calendar days, select the Calendar Days check box.
To enable working days, select the Working Days check box.
Under Generation Period
Whether the generation period is weekly, bi-monthly or monthly.
Click Weekly if the Generation Period is weekly.
Click Bi-Weekly if the Generation Period is bi-weekly.
Click Monthly if the Generation Period is monthly.
Under Negative salary rule
Whether the negative salary rule is displayed in advance or is pending.
Under Gratuity Rule
Whether the Organization is covered under Gratuity Act.
Click Yes if the organization covered under Gratuity Act or else click No.
Under Pay process
Whether stop pay is applicable or not.
Whether stop pay with pay is applicable or not. If applicable, what is the percentage of the salary release.
Select Yes if stop pay is applicable or else click No.
If the stop pay is applicable, enter the percentage of salary release in the Salary Release text box.
Click Stop Pay without Pay check box, if the stop pay is applicable.
Under Bonus details
Whether the organization is covered under bonus act.
Click Yes if organization is covered under bonus act or else click No.
Under Other Settings
Whether LOP Reversal Automation is applicable or not.
Select Yes if LOP/LOP Reversal Automation is applicable or else click No.
If No is selected from LOP/LOP Reversal Automation option, you can select Yes or No radio button to enable LOP Allow Month option.
In Enable Income Tax Calculator,
Select IT Declaration check box to enable income tax statement for the year or else select FBP check box to enable income tax summary for the year.
To enable claim process, select Claim Process check box or else unclick the check box.
To enable vouching process, select Vouching Process check box or else unclick the check box.
The Claim Process check box will automatically get selected if the vouching process is selected.
Enter the message in the Message text box.
To enable the break-up of interest on loan, select Bifurcate Interest on Loan check box or else unclick the check box.
Click Save to save the necessary changes done or else click Cancel.
Component exemptions tab - This tab displays the components which are monthly exempted.
Component exemptions details
Field |
Description |
Component name |
Lists the component names under control parameter details. The list of component name particulars are :
|
Child dependent |
Displays whether this component is related to child or not |
Normal amount / month |
Displays the amount dedicated to this component per month |
Handicap amount / month |
Displays the handicapped amount dedicated to this component per month |
After editing and changing the required details and values, click Save to save the necessary changes or else click Cancel to exit without saving the changes.
Tax adjustment tab - This tab displays the components for which taxes are adjusted every month.
Tax adjustment details
Field |
Description |
Component name |
Displays the component name for which the taxes are adjusted |
Range |
Displays the range at which the taxes are adjusted |
Tax Adjustment value / month |
Displays the tax adjustment done every month for that component |
After editing and changing the required values, click Save to save the necessary changes or else click Cancel to exit without saving the changes.
Year end proof tab – This tab displays whether the IT declaration and Year – end proof has been validated.
Under Value considered for Income tax calculation from, select the appropriate component
IT declaration
Year end proof submission (validation)
For Year end proof submission validation, select the validator.
If Year End Proof Submission (Validated) is clicked, the Validator 1 check box will be selected under Level of Approval section.
To enable validator 2, select the Validator 2 check box under Level of Approval section.
Click Save to save the necessary changes or else click Cancel to exit without saving the changes.
Deduction tab - This tab displays the components for which deductions are done.
Deduction details
Field |
Description |
Component name |
Displays the component name for which the deductions are done |
Section |
Displays the section to which the component is related |
Deduction (%) |
Displays the percentage deduction done to that component |
After editing and changing the required values, click Save to save the necessary changes or else click Cancel to exit without saving the changes.
Department clearance tab - This tab displays the components for which department clearance is done.
Department clearance details
Field |
Description |
Component name |
Displays the component name for which the deductions are done |
Is active
|
Displays whether the displayed department clearance is active or not .If active, the department clearance is available for employees on PeopleWorks, else it is not available |
After editing and changing the required values, click Save to save the necessary changes or else click Cancel to exit without saving the changes.
Reimbursement tab - This tab displays the components for which reimbursement is provided.
Reimbursement details
Field |
Description |
Component name |
Lists the component names under Reimbursement. The list of component name particulars are :
|
Is grouping
|
Displays whether grouping is allowed for this component or not |
Is carry forward
|
Displays whether carry forward is allowed for this component or not |
Payout Type
|
Displays what type of payout is allowed for this component (i.e. monthly or annually) |
Monthly |
Displays whether monthly reimbursement is allowed for this component or not |
After editing and changing the required details and values, click Save to save the necessary changes or else click Cancel to exit without saving the changes.
Click to know more:
Provident Fund Master
Professional Tax
Labor Welfare Fund (LWF)
Income Tax Slab
Savings and Perquisites