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- Click Earning Types from Payroll module.
- If there are no earning types yet, new Earning Types screen will be displayed. Otherwise, a list of existing earning types will be displayed.
- Select earning type from the grid.
- Click Open Click New toolbar button.
- Set the value for the following fields:
- Earning ID
- Calculation Type
- Description
- Amount
Account ID
Info Account ID should display Liability Accounts only
- W2 Code
- Edit fields as necessaryAdd Earning Taxes.
- Click Save toolbar button to save changes made.
Newly created earning type should appear in the grid.
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2. Fill in the Earning Type information: a. The Earning ID field is a unique ID where you can enter alphanumeric character b. Calculation Type by default is set to Fixed Amount. Click the drop down combo box button to select the Calculation Type applicable to your Earning Type. c. In the Description field, enter the Earning Type description. d. In the Amount field, enter the amount. e. Select the Account ID by clicking the drop down combo box button. Expense Accounts will only displayed on the list 3. In the Earning Taxes tab, click the Quick Add grid button to Add Tax Types (Employee and Company). The selected Tax Types will be associated to Earning Type. 4. Click the Save toolbar button to save the added Earning Type. 5. Click the Close toolbar button to close the Earning Type screen. |