To configure hourly/day-wise salary structure, go to Settings >> Salary components >> click “New


Create components as below and update Rate/Wages in respective employee master details and in during every month payroll run update Hour/Days in Pay Adjustments stage.


Component
Hour/Days
Rate
Result Component 
Name


Hour/Days


Rate/Wages


Basic
(As per requirement enter the name)
Abbreviation
HOUR
RATE
BASIC
Paid Component
No
No
Yes
Pay Type
Earning
Earning
Earning
Tax Status
Non Taxable
Non Taxable
Taxable
Calculation Type
Flat
Flat
Formula
Formula

0

0

(Hour/Days) *(Rate/Wages)
Round off Value
Nearest to INR 1/-
Nearest to INR 1/-
Nearest to INR 1/-
Component Type
Variable
Fixed
Fixed
Is FBP component
No
No
No
Create dependent component
No
No
No
Attendance Dependent
No
No
No
Part of CTC
No
No
Yes
Active
Yes
Yes
Yes
FFS component
No
No
No
Payable if full month LOP
No
No
No