Meanings of Salary
by Urvashi
(Delhi)
Why does salary have different meanings under different headings?
For example: When we are calculating gratuity we include basic salary, dearness allowance, and commission but when we are calculating the value of prerequisites like rent free accomodation we include basic salary, dearness allowance, commission, bonus etc..
Why?
Hello Urvashi,
Thank you for your question.
Their may be different meanings under different headings when it is known that certain accounts aren't used under a particular heading. Otherwise, they may have simply been set-up differently. If you would like them to match, you can add on the accounts that are missing under the appropriate heading.