Enhance Payroll Module with Index: Add Feature to Multiply Pay Indices by Frequency for Employee Categorization

[lomamech]

We propose the addition of new columns to the budget report analysis, with these columns being hidden by default. This enhancement will provide users with more detailed financial data, while maintaining a clean and focused presentation of the report.

• Increased Efficiency: By automatically multiplying pay indices by a predefined frequency based on employee categorization, the time required to configure payroll is significantly reduced, minimizing manual input.
• Consistency in Payroll Calculations: This feature ensures uniform application of pay indices across different employee categories, reducing errors and inconsistencies in payroll calculations.
• Simplified Configuration: Automating the multiplication of indices by frequency simplifies the payroll setup process, making it easier for HR and payroll administrators to manage.
• Scalability: This improvement supports the scalability of the payroll system by allowing for more complex employee categorizations and pay structures to be handled effortlessly.
• Better Resource Allocation: With reduced configuration time, payroll administrators can focus on higher-value tasks, improving overall efficiency within the payroll department.