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An example of a deduction is what is taken out of your payroll check cheque for income taxes.

Data Table

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  • All the fields with * sign are mandatory to be filled in. Without this information, the system configurations cannot be executed.

  • Deduction Code should to be unique and Length of the code should not exceed max 20 characters.

  • The Length of the name should not exceed 50 characters.

  • The format of the Account Code to be 7 to 9 digits numeric and unique no repetitive code should be entered.

  • The IFSC code should consists consist of 11 digit alphanumeric (Example ICICI0XXXX97) and the length should not exceed 16 11 characters.

Attachments

  • Refer to the “Deduction List” in the uploaded template.

  • For sample data reference, refer to the uploaded “sample date” file.

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