Yes. HRStop allows you to set formulas for salary components like Basic, HRA, and Special Allowance based on the entered CTC.
How to Set Up Formulas:
- Go to Document Template → Edit the template.
-
Define payroll-related keys such as:
- CTC
- Basic
- HRA
- Special_Allowance
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For each key, click the edit icon and add a formula. Example:
- Basic = CTC * 0.50
- HRA = Basic * 0.40
- Special Allowance = CTC - (Basic + HRA)
- Save the template.
🧾 During document generation:
- Enter a base CTC (e.g., ₹4,00,000), and all components will be auto-calculated.
- You can preview and generate the letter with these values.
This eliminates manual errors and ensures consistency across salary letters.