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Human resource

Human resource

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Provisioning of expenses

i. LFA report and Bonus Report

  1. LFA report: Containing the details of LFA accrued for a Quarter for every employee is sent to the Accounts Department on the basis of which Provision for LFA is recognised for that Quarter.

  2. Bonus report: Containing the details of Bonus accrued for a Quarter for every employee is sent to the Account Department on the basis of which Provision for Bonus is recognised for that Quarter.

  3. Performance Bonus Report:Containing the details of Performance Pay Bonus accrued for a Quarter for every employee is sent to the Account Department on the basis of which Provision for Performance Pay Bonus is recognised for that Quarter.

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