What is the basis of valuation of certain wage component like pf?
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1.We use indirect valuation for HRA in wagetype characteristics so that the system calculates 40% r 50% for all employees...but if the client asks to calculate 30% for a particular employee then is there any chance to configure like that? 2.In their company there r 2 employee groups...regular, contract..both groups come under monthly basis but they pay salaries on 2 different dates for the 2 groups...then how many payroll areas we need to create?
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