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Employee TDS Deduction|Tds Calculation And Deduction For Employee

by
Odoo

$ 20.96

v 14.0 Third Party 7
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Employee Contracts (hr_contract)
• Employees (hr)
• Discuss (mail)
• Time Off (hr_holidays)
• Calendar (calendar)
Community Apps Dependencies
Lines of code 2829
Technical Name gts_income_deduction
LicenseAGPL-3
Websitehttps://www.geotechnosoft.com
Versions 14.0 15.0 16.0
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Employee Contracts (hr_contract)
• Employees (hr)
• Discuss (mail)
• Time Off (hr_holidays)
• Calendar (calendar)
Community Apps Dependencies
Lines of code 2829
Technical Name gts_income_deduction
LicenseAGPL-3
Websitehttps://www.geotechnosoft.com
Versions 14.0 15.0 16.0
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Community Enterprise

Employee Income Deduction

This module would allow a user to manages Employee Income Deduction.

Features

  • Allow user to Create Custom Tax % Slab Category
  • Allow user to Create Custom Tax Deduction Description Fields
  • This module allow user to Calculate the Gross Amount, Total Deductions, Taxable Amount, Tax Payable.
  • This module allow user to convert the annually Taxable amount into monthly taxable amount.

Screenshots

Go to Employees Menu --> Go to Contracts sub menu.

Click on Create button to create a new Contract for the Employee.

  • Or select any of the existing contracts from New or Running option and create a new contract for that particular Employee

    • Fill all the Required Fields for the Employee and Select the Salary Structure.

  • Then Go to the TDS Information tab

    • This Tax % can be defined(Categorised) from Tax Slab.

  • Go to Configuration Menu --> Tax Slab
  • This Tax will be auto selected based on Taxable Amount

    • Click on Create button to Create Tax Slab.

    Fill all the Fields.

    Gross Income is the Sum of Annual Salary and Other Income.

  • Tax Payable is the Tax % (Eg:-Here 7.5%) of Taxable Amount

    • If Tick on Monthly Deduction field Tax Payable will be shown on monthly basis.

    Deduction fields can be defined/created.

  • Go to configuration Menu--> Deduction Description
  • Total Deductions will be the summation of the addition of Deduction Field Amount.

    • Click on Create button to create Tax Deduction fileds of user defined

    Total Deductions will be the sum of Total Amount of the Deduction Description fields

    Taxable Amount = Gross Income - Total Deductions

    Extra Charges Amount will be added in the Tax Payable Field

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    www.geotechnosoft.com info@geotechnosoft.com sauravkumar2000

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