Repurposing ECOLA to Daily Allowance

Since the ECOLA (Emergency Cost of Living Allowance) is already part of the employee’s Basic Salary, we are repurposing it to Daily Allowance (non-taxable) instead of deleting the said field and setup. In line with the recent enhancements on Sprout Payroll, you may find that the ECOLA Field is now called Daily Allowance (non-taxable), and users should input the employee’s daily rate for this field. 

Modules/Features Affected:

• Employee Profile
• Set Up > Company > Profile
• Reports: Payslip, Payroll Summary

Company Profile:

Employee Profile (Sprout Payroll):

If an Admin is using this field as Monthly Allowance, you may opt to set this up through the Employee Recurring Adjustment instead. For more details, you may refer to our article here: How to Setup Recurring Adjustments for a Specific Employee