The process to Edit the Salary Component details is as follows:
Navigation: Menu > Settings > Masters > Search for the Salary Components App > Select the Salary Component name > Edit (Pencil Icon)
If user wants to update the existing Salary Component details, click on the ‘Edit’ (Pencil Icon) option and fill in the required details.
Edit Salary Components
Note: Once you associate this component with an employee, you will only be able to edit the Name and Amount/Percentage. The changes you make to Amount/Percentage will apply only to new employees.
| Field name | Description |
| Component | By default the system shows the Salary component name; if user wants to change it, select the name of the Salary Component from the drop-down list |
| Earning Type | By default the system shows the earning type of the Salary component; if user wants to change it, select the new Earning type of the Salary Component from the drop-down list |
| Name in Payslip | By default the system shows the employee name in the payslip; if user wants to change it, enter the full name of the employee |
| Calculation Type | By default the system shows the calculation type applied for the Salary component; if user wants to change it, select the calculation type of the salary component as Flat type or Percentage of CTC by clicking on the checkbox |
| Amount | By default the system shows the existing amount of the Salary component; if user wants to change it, enter the monetary value of the salary component in the field |
| Mark This Active | By default the system shows whether the Salary component is active or not; if user wants to change it, user can select by clicking on the checkbox to enable or disable |
Note: The system contains many other configurations based on the Component and Component Type selected, user can apply the required changes to the configurations and click on ‘Save’.