Multiple Payroll and Currencies Setup

By Jag - August 06, 2012
Multiple Payroll and Currencies Setup
This type of implementation is the challenging implementation and you create multiple payroll based on the currencies involved for example if you are paying your employees in USD,EURO,GBP KWD,BHD etc. then the best option is to create multiple payrolls based on each currency type e.g.

XX Payroll KWD
XX Payroll BHD
XX Payroll USD

For this you need to create multiple elements and their links based on each currency type e.g.

Basic Salary USD
Basic Salary KWD
Basic Salary BHD
House Allowance USD
House Allowance KWD
House Allowance BHD

You can divide your employees by creating elements links and define the Payroll Type for each link and make standard link for automatically element attachment ( be sure that you cannot delete this link as this will immediately assign this element to all the employees who are in the particular payroll)
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