How to make a component (like Food Coupons) part of both earnings and deductions

If an employer provides a certain amount to an employee for a specific benefit or purpose, that amount is marked as a salary component and is categorized as either earnings or deductions. Sometimes, it is not given in cash like the rest of the salary amount. Instead, the employee receives redeemable coupons for that particular component, which the employer then deducts from the employee's salary.

You can make a component, like Food Coupons, part of both earnings and deductions by going to Payroll (1) on Keka. Then, under Settings (2), find Pay Groups (3). If you have multiple pay groups, make a choice. Now, under Actions, find the configure icon (4) against the pay group's name.  

On the window that opens, click on Salary Components (1). Under Recurring Components (2),  find the component you want to make a part of both earnings and deductions (other than BASIC and HRA). 

Against the component name, find the edit icon (3)  to edit the component.

On the window that opens next, check the box (1) against the dialogue 'Mark this component as part of both Earnings and Deductions'. Then, click Update (2).

Once the component is marked as part of both earnings and deductions, it will be reflected in the pay slip is this way:

It is hoped that you found this article helpful. If you have any more questions, please check out the other articles like How to download the payslip of an employee? 

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