UBS Payroll Software » Personnel

ID #1466

EPF (Yee) Formula and EPF (Yer) Formula

Description

The solution below shows  the  way to set  these 2 fields: EPF (Yee) Formula and EPF (Yer) Formula in Personnel File Maintenance.

 

Solution

These  two fields are used  for additional contribution of EPF by employee/employer apart  from the statutory amount. They can be in the  form of amount or formula, e.g.

1.             EPF (Yee) Formula: 20. (after  Process  Pay, RM20 is added into employee

contribution)

2.             EPF (Yee) Formula: BRATE * 5/100. (after  Process  Pay, employee contribution will be added by 5% of his basic rate)

3.             EPF (Yee) Formula: AW101 * 20/100.(After Process  Pay, employee contribution

will be added by 20%  of his row No.1 of Allowance table)(If the  allowance row No. 17 is to be used,  then  the  formula will be AW117 * 20/100)

Tags: EPF (Yee) Formula and EPF (Yer) Formula

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Last update: 2010-11-17 10:12
Author: Noor Diyana
Revision: 1.0

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