Setup Investment Declaration

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The setup investment declaration functionality allows you to initiate investment declaration for employees for the current financial year. 

To initiate investment declaration process, you need to:

1. Log into the system as HR Admin/ HR Manager.

2. Go to Settings. Scroll down to the Payroll Settings and click Configure Payroll in this section. It will take you to the Global settings page. Go to Payroll Settings shortcuts and click Configure Investment Declaration tab.

The Configure Investment Declaration page appears that allows you to configure the investment declaration values for your organization as shown in Figure 1.

Figure 1

Note: The page may display an error message, if you have not configured the investment declaration option on Payroll Configuration page.

3. Select the checkbox Display Investment Declarations Tab to employees if you want to show investment declarations page to your employees.

4. Now choose a suitable This defines the mechanism for capture of investment declarations during the processing of the payroll. Declared indicates the Declared values and Actual indicates the use of approved values. Ask queries from the user before processing.

5. Provide the date by which you want all the investment declarations to start and end by the employees in the Start and End Date fields.

6. Select the employees by selecting one of the options to select All employees or a Group.

7. Click on the Send declaration notification link to notify all employees about the commencement and closing of the declaration dates for the selected financial year. The initiation message is successfully sent to all the selected employees.

8.  Click Update.

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