Question on HR Module

ERPNext User Forum
1

Hello all;

I have a question in the HR module, about the Annual cost for employee, why is this field, and why isn’t the value just calculated automatically from the salary data entered in the profile?

 - Regards;

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2
CTC (Annual Cost To Company) consists of all amount spent on an employee in any manner. It includes salary, bonus, service charges, LTA, medical etc.

On the other hand, Net Pay is the amount, an employee will get on monthly basis after all statutory deductions like PF, ESI etc.


On 14-Jul-2013, at 5:55 PM, Motaz Al-Khatib wrote:

Hello all;

I have a question in the HR module, about the Annual cost for employee, why is this field, and why isn't the value just calculated automatically from the salary data entered in the profile?

 - Regards;


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