Enterprise Open HRMS Gratuity Settlement
by Cybrosys Techno Solutions https://www.openhrms.com , Open HRMS https://www.openhrms.com| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Accounting (account_accountant)
• Employees (hr) • Payroll (hr_payroll) • Time Off (hr_holidays) • Invoicing (account) • Discuss (mail) • Employee Contracts (hr_contract) • Calendar (calendar) |
| Lines of code | 1001 |
| Technical Name |
ent_hr_gratuity_settlement |
| License | OPL-1 |
| Website | https://www.openhrms.com |
| Versions | 15.0 16.0 17.0 18.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Accounting (account_accountant)
• Employees (hr) • Payroll (hr_payroll) • Time Off (hr_holidays) • Invoicing (account) • Discuss (mail) • Employee Contracts (hr_contract) • Calendar (calendar) |
| Lines of code | 1001 |
| Technical Name |
ent_hr_gratuity_settlement |
| License | OPL-1 |
| Website | https://www.openhrms.com |
| Versions | 15.0 16.0 17.0 18.0 |
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Enterprise Open HRMS Gratuity Settlement.
Create Gratuity Settlements for Employees During Resignation.
Key Highlights
Manager can Create Gratuity Settlements and Configuration
Manager can create gratuity settlements for employees and different gratuity configuration
Gratuity Payment Calculation
Different formula for gratuity payment based on employee wage type.
Gratuity Settlement
You can create Gratuity Settlement from payroll configuration.Payroll->Configuration->Gratuity Configuration
Gratuity configuration
Set up the gratuity configuration and set the contract type if contract type is limited then during gratuity settlement if you have not specified the end date for contract, gratuity configuration of limited type will be taken.
Gratuity configuration
Set up the gratuity configuration and select contract type,if contract type is Unlimited then during gratuity settlement if you have specified the end date for contract, gratuity configuration of Unlimited type will be taken.
Employee Contract
Now create contract for the employee and set up the wage type.
Gratuity Settlement
You can create gratuity settlement from 'End of service' menu.Payroll->End of service.
Gratuity Amount Calculation Salary
By selecting the employee, if the employee have running
contract,contract type of employee gets selected,And gratuity
amount gets calculated. Gratuity payment is
calculated based on wage type in the contract form.
Daily Wage = Basic Salary/Employee Daily Wage Days
Working Days Salary = Daily Wage * Working Days
Gratuity Pay Per Year = Working Days Salary * Percentage
Gratuity Payment = Gratuity Pay Per Year * Gratuity Calculation
Years
Gratuity Payment = round(Gratuity Payment,2)
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Manager can create Gratuity Settlements of Employees.
-
A settlement can be created only if the employee have any running.
-
Manager can create different Gratuity Configuration.
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If the wage type is hourly then gratuity payment is calculated as employee basic salary * Employee
Daily
Wage Days * gratuity configration rule percentage * gratuity calculation years.
-
If the wage type is monthly then gratuity payment is calculated as employee basic salary * (Working
Days/Employee Daily Wage Days) * gratuity configration
rule percentage * gratuity calculation years.
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Initial Commit for Enterprise Open HRMS Gratuity Settlement
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