Other than Payment for Employee in Payroll

Gurus,
We need to give Physical assests to employee other than Payment. How to do that and will it be accounted in Form 16?
What about IT 0040?
Edited by: K.Kumar on Aug 19, 2009 9:33 AM

Hi,
Physical Assests like Mobile Phone, laptop, car, Books, keys, cloths etc. These are the loaned objects given by an employer to
an employee.
Using IT 0040- Objects on Laon you will be able to keep a track of the same. You can create different subtypes in IT 0040 as per your requirement.
Br
Chetan

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