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helpdesk@ashwainfo.in
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Monday to Friday: 10:00 AM – 6:00 PM
helpdesk@ashwainfo.in
Monday to Friday: 10:00 AM – 6:00 PM 
Talk with us: +91 98204 00357
A flexible, accurate and policy-driven payroll framework to manage LOP calculations, salary revisions, component-wise deductions, reversals, arrears and audit trails.
Loss of Pay may look simple on the surface, but real payroll processing involves different payroll-day policies, salary components, revisions, attendance corrections, arrears and reversal scenarios. MyHR Ashwamedh Payroll is built to handle these practical payroll complexities through configurable rules and audit-ready processing.
Calculate LOP based on the actual number of days in the payroll month such as 28, 29, 30 or 31 days.
Configure standard payroll days like 26 days, 30 days or company-specific working days.
Apply LOP only to selected salary components such as Basic, HRA or Special Allowance.
Manage LOP reversal using historical payroll month, salary structure, payroll days and component details.
MyHR Ashwamedh supports both calendar-day and fixed working-day payroll methodologies.
Suitable for companies where salary is calculated based on the actual number of days in the month.
Useful when the company follows standard payroll days irrespective of calendar month length.
When an employee receives an increment and has LOP in the same payroll cycle, MyHR allows payroll officers to decide whether LOP should be calculated on the old salary, revised salary, or specific day-wise salary basis.
LOP can be calculated on salary before increment.
LOP can be calculated on revised entitlement.
Payroll officer can decide salary basis for specific LOP dates.
Every LOP transaction can be traced with details such as LOP days, attendance source, salary structure used, payroll month, payroll-day basis, component-wise calculations, salary revision history, reversal entries, arrear adjustments and user audit logs.
Enter sample salary, payroll days and LOP days to understand how LOP deduction is calculated.
With MyHR Ashwamedh Payroll, payroll teams can manage even complex LOP scenarios with better transparency, control and confidence.
Request a Payroll Demo