Normally FBP declarations are submitted at the beginning of the financial year to avail of the Income Tax Benefit.
The system is designed to take care of this as an annual event. For any reason, if the salary is revised between the years or employees are not able to submit the declaration at the beginning of the year, then you need to enable the FBP declaration and hence this option plays a vital role.
As a rule, the last date for the FBP declaration is updated in the FBP Settings while enabling the FBP Module.
SettingsàConfigure RulesàAddon ModulesàFBP.
You can Lock/Unlock and change the Effective Month of FBP declaration for a single employee or in bulk for multiple employees.
Refer the below steps:
On the Home Page click “Transactions”.
Scroll down to Spend, Loan Management.
Click “Flexible Benefits”.
Click on “Enable/Disable FBP Declaration In ESS” Under “Workflow”.
Enter the “Last Date for Declaration”: This will be the last date for the employee to declare and will not be able to declare after the last date.
Click “Employee Filter” by selecting status, branch, department, and designation, to view employees’ records accordingly.
Select “Status” from the drop-down.
Based on the status selected, you can view if the FBP declaration is locked /unlocked for the selected/all employees.
You can “LOCK/UNLOCK” box as applicable.
Click “Apply”.
And the details are saved successfully.
If you want to lock/unlock the FBP declaration for all employees - check the “All Employees” Box.
Select the Lock/Unlock Declaration from the drop-down menu.
The list of all employees is displayed.
Click “Apply”.
You can check if the FBP declaration is enabled or disabled in the “Declare FBP on behalf of the employee” screen.
Enter the employee’s code/name for whom the FBP declaration has been locked/unlocked.
The status will be displayed as “Closed” or “Open” as per the selection made.
Closed Status
Open Status
As an Employee
1. When FBP declaration status is “Closed”.
Login to ESS.
Click the menu bar.
Click “FBP Declaration”.
The message that the FBP declaration window is locked will be displayed.
2. When FBP declaration status is “Open”.
The employee will be able to declare the FBP and save the same.
Pls Note: The Changes made to the last date under “Enable/Disable FBP Declaration” will reflect accordingly in the FBP Settings Page.
