Open HRMS Gratuity Settlement

by Cybrosys Techno solutions , Open HRMS

v 17.0 Third Party 2469

Availability	Odoo Online Odoo.sh On Premise
Odoo Apps Dependencies	• Invoicing (account) • Discuss (mail) • Employee Contracts (hr_contract) • Time Off (hr_holidays) • Employees (hr) • Calendar (calendar)
Community Apps Dependencies	Show Odoo 17 HR Payroll
Lines of code	4112
Technical Name	`hr_gratuity_settlement`
License	LGPL-3
Website	https://www.cybrosys.com
Versions	11.0 12.0 13.0 14.0 15.0 16.0 17.0

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Availability	Odoo Online Odoo.sh On Premise
Odoo Apps Dependencies	• Invoicing (account) • Discuss (mail) • Employee Contracts (hr_contract) • Time Off (hr_holidays) • Employees (hr) • Calendar (calendar)
Community Apps Dependencies	Show Odoo 17 HR Payroll
Lines of code	4112
Technical Name	`hr_gratuity_settlement`
License	LGPL-3
Website	https://www.cybrosys.com
Versions	11.0 12.0 13.0 14.0 15.0 16.0 17.0

Community

OpenHRMS Employee Gratuity Settlement

Create Gratuity Settlements for Employees During Resignation

Key Highlights

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.

The Gratuity Amount is calculated based on a predefined equation.

If the wage type is hourly then gratuity payment is calculated as employee basic salary * Employee Daily Wage Days * gratuity configuration 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 configuration rule percentage * gratuity calculation years.

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

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. If wage type is hourly then gratuity payment is calculated as employee salary * Total number of days employee worked * gratuity configuration rule percentage * employee gratuity years. If wage type is monthly then gratuity payment is calculated as (employee salary/Total number of employee wage days) * Total number of days employee worked * gratuity configuration rule percentage * employee gratuity years.

Manager can create Gratuity Settlements of Employees.
Manager can create different Gratuity Configuration.
If the wage type is hourly then gratuity payment is calculated as employee basic salary * Employee Daily Wage Days * gratuity configuration rule percentage * gratuity calculation years.
A settlement can be created only if the employee have any running.
The Gratuity Amount is calculated based on a predefined equation.
If the wage type is monthly then gratuity payment is calculated as employee basic salary * (Working Days/Employee Daily Wage Days) * gratuity configuration rule percentage * gratuity calculation years.

Version 17.0.1.0.0|Released on:5th April 2024

Initial commit for Open HRMS Gratuity Settlement

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