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What Is A Payroll Element? |
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Answer» Elements are components of salary e.g. basic salary, housing allowance, loan to deduct, provident fund ETC. There are DIFFERENT types of elements like earning, deduction, INFORMATION etc. In Payroll, elements are PROCESSED to prepare an employee’s payroll amount Elements are components of salary e.g. basic salary, housing allowance, loan to deduct, provident fund etc. There are different types of elements like earning, deduction, information etc. In Payroll, elements are processed to prepare an employee’s payroll amount |
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