Manage employees’ Proof of Investment (POI)

Updated in March-2024 | Subscribe to watch greytHR how-to video

The Proof of investment (POI) process is important in daily life as it ensures that investments are documented and verified. By going through this process, individuals can provide evidence of their investment activities, such as purchase receipts or transaction records. 

It helps in tracking investments, ensuring transparency, and providing a clear financial picture. The proof of investment process is crucial for managing finances, assessing returns, and making informed investment decisions.

The POI Overview page in the greytHR Admin portal offers a systematic process for managing the tricky process of submitting POI for admins. The page displays the Yet to be released, Released, Pending for Review, Pending for Payroll, and Considered for Payroll tabs. You can filter the employees based on the regime such as new regime, old regime, and both.
You can view the following tabs on the page:

• Active tab: Displays the list of active employees whose POI is pending

• Resigned tab: Displays the list of employees serving the notice period and can still submit their POI.

To view the POI Overview page, click Payroll > Admin > POI Overview.

Each tab helps you perform specific tasks. These tasks enable you to complete the POI process smoothly. You can perform the following tasks on the POI Overview page:

• Admin customizes POI settings. 

• Admin releases and manages POI declaration forms.

• Employee submits POI form.

• Reject, lock, and delete POI forms.

• Admin reviews and manages POI re-submissions.

• Admin considers employees’ POI declarations for payroll processing.

Other related links:

• Manage Flexible Benefits Plan (FBP)

• Manage Income Tax (IT) declaration

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