How to Configure the Financial Settings for the Entities of an Organization?
Since these legal entities in an organization are taxed
individually, it is necessary to configure all the financial settings related
to the entity as shown,
HR Foundation >> Company
Info >> Financial Settings >>Entities >> Actions >>
Update.
|
Field Name
|
Description
|
|
Company Info
|
|
|
Company Information
|
Enter the company’s details, such as name, date of
incorporation, etc….
|
|
Local Details
|
Enter the
address details of the entity.
|
After entering the Company details, click on ‘Proceed.’ In the next section, please enter the ‘Financial Info’ of the entity.
|
Field Name
|
Description
|
|
Financial Info
|
Enter the details such as Income Tax, professional tax, ESI, and
bank details related to the Entity. (Please note that the Name of the Signatory
can be added at a later stage)
|
Then, click on ‘Update’ to
submit the details. Please note that the details can be updated if needed
later.
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