How can admin clear/delete IT declaration during the year end if Proof of Investment (POI) is not submitted?

The Proof of Investment (POI) process is vital for documenting and verifying employees' investment activities which is useful for activities such as tax filings, loan applications, or regulatory compliance. If an employee does not submit the Proof of Investment (POI) within the specified deadline, the employer or payroll department may remove or cancel the employee's declared investments or deductions from their tax calculation.

To clear/delete IT declaration during the year end if Proof of Investment (POI) is not submitted, the admin must perform the following actions:

1. From the greytHR Admin login, navigate to Payroll > Admin > POI Overview. The POI Overview page opens.
2. Under the Released tab, from the Filter employees as per regime list, select a regime as per your requirement.
3. Select the Active/Resigned option as per your requirements.
4. Select Bulk Select.
5. Select the employee(s).
6. Select Reject POI and Lock.
7. Click Submit. The Reject POI and Lock pop-up appears.
8. Select all the checkboxes that inform you about the after-effects of rejecting a POI form. 
   Note: The declared IT savings will be cleared/rejected for payroll process option clears the IT declaration for the employees.
9. Click Confirm. The form moves to the Pending for Payroll tab.
   

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Related Links:

Video- To watch the POI submission video, click here.

FAQs- To read more FAQs about the POI, click here. 

Documentation- To learn more about POI, click here.

Product Update- To read about the product update, click here.