Explain the formula to calculate 'Total Earnings`.

OR

Explain the terms 'Data Audit and 'Data Vault'.

The formula to calculate ‘Total Earnings’ is: TE= BPE + DA + HRA + TRA BPE= BP * NOEDP/NODM NOEDP (Number Of Effective Days Present) is the number of days in a month minus Leave without Pay – unauthorized absence. NODM ( Number of Days in a month) – ( Leave without Pay)- (Unauthorised absence). DA ( Dearness Allowance)=BPE * (Applicable rate of DA for the month) HRA ( House Rent Allowance)= BPE * (Applicable rate of HRA for the month) TRA( Transport Allowance)= (Fixed amount) or (on percentage basis) Q. Explain the terms ‘Data Audit’ and ‘Data Vault’. Ans. Data Audit: Audit feature of accounting software provides the user with administrator right in order to keep track of unauthorized access. It audits for the correctness of entries. Once the entries are audited with alternations, if any, the software displays all entries along with the name of the auditor user and date and time of alteration. Data Vault: Software provides additional security for the inputed data and this feature is referred as data vault. Data Vault ensures that original information is presented and not tampered. Data vault password cannot be broken.