Payroll items - Deductions

Payroll Deduction is anything that is taken from an employee's pay, whether it be pre or post-tax, other than payroll taxes themselves.
 
We provide two options for creating the list of your payroll items - Deductions:

1. Most common Deduction items (default)

Swingvy added the most common (frequently used) Deduction payroll items for you.

deduction 1 This standard Deduction item is created by default and you are not allowed to edit the below category:
 
  • Name: A unique name for the deduction payroll item
  • Category: Click on the drop-down list for the below selection
    • Allowance (normal monthly tax computation will be applied)
    • Remuneration (bonus tax computation will be applied)
  • Statutory: Statutory attribution
  • EA form field: EA form output column 

 
Create your own customized deduction items if necessary. To make further changes to a payroll itemscroll down to No 2 - Customised Deduction items to learn how. 
 
However, these default Deduction items can be edited in the:

  • Updating the unit amount of Deduction items

  • Select employees for monthly recurrence

   

2. Customised Deduction items

Select this option if you need to set up your customised Deduction items:

a)   Enter the new Deduction name
b)   If the Deduction is unit base, select the checkbox and enter the per-unit amount
c)   Select the statutory which will be subjected to this Deduction

Learn more about Deductions items: 

  1. Name: Enter a unique name for the new payroll item
  2. Calculate by unit – When you run payroll, you can calculate the amount by entering the ‘No. of unit’. (Formula: ‘Unit amount’ x 'No. of unit')
  3. Statutory: Tick on the statutory attribute for this new item
  4. EA form field: Select the EA form output column from the selection list
  5. Select employee(s) for monthly recurrence - Apply to all or selected employees