All payments that are paid outside payroll and are taxable, the tax for the same will also be deducted and remitted outside payroll like Festival Bonus, Stocks, etc…
Paybooks has the option to update such tax amounts deducted outside the payroll.
Go to Transactions
Click on Update Tax Deducted Outside
Select the Month in which the IT Adjustment should be made
Enter the Employee Code/Name.
Enter the ‘Total Tax’ amount
Enter the ‘Surcharge’ and ‘Cess’ amount
Click on Apply to save the data
The data updated under this option will be considered for Tax Calculation and will appear in your Tax Computation Statement.
You can also import the data
Click on 'Download Template'
Enter the amount
Save the file to your local drive
Click on Choose File
Click on ' Import'
For information on how to enter the earnings done outside the payroll please refer the document- ‘How to update Payment made outside Payroll’
Please use this link. How to update Payments done outside payroll: Help Center (freshdesk.com)