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The salary of an employee consists of both Fixed and Variable pay. Creating and editing salary components is a simple process.   To create a salary com...

A stipend is a fixed payment that is paid monthly to an intern as an allowance during the training period. It is not the same as salary payment but more of ...

Salary is paid by the company to an employee who is on their payroll whereas stipend is to help with a specific expense. Criteria for payment of salary sho...

The stipend can be taxable or non-taxable depending on the nature of the payment. If the payment of the stipend is towards the person’s education and qu...

A stipend is a fixed payment that is paid monthly to an intern as an allowance during the training period. It is not the same as salary payment but more of ...

Attached is the note on Stipend for easy reference.

The payroll month automatically changes from the current month to the next month once the current month's payroll process is completed, confirmed, and l...