Deductions

Multiplier enables employers to manage employee payroll deductions directly from the platform, streamlining payroll administration, compliance, and transparency.

Learn how to Add deductions for your employees.

Type of deductions

On Multiplier, you select from various types of deductions. Here’s a list to help you understand the type of deductions you can add for your employee using the platform:

Employee deductions are items that are deducted on behalf of a third party. They don’t affect Cost to Company (CTC). Examples include - Insurance deduction

Employer deductions are items that are deducted by the employer directly, hence affecting the Cost to Company (CTC). Example - Loan deduction, Salary advance deduction, etc

Tabs in the deduction section

Queued tab

Deductions in the Queued tab move to Processing after the cutoff date of their respective cycles.

Processing tab

The processing tab shows the deductions with the amount entered by the employer and submitted. It is now on Multiplier to process the amount as per the defined payment dates.

Completed tab

The completed tab shows the deductions that have been paid or revoked.

Related Articles

• Add deductions for your employees

• Revoke deduction

• View the history of deduction