UBS Payroll Software » Personnel

ID #1457

Additional EPF Employer Contribution



The solution below is referring scenario of a company, the  employer contributes additional 5% of

EPF contribution on Basic Pay and Cash In Lieu, other  allowances/bonus remain 12%.



1.    Housekeeping —> Setup —>Table Maintenance —> Allowance Table, maintain 2 types  of allowance, i.e.: Row no. 2: normal allowance (12%  EPF by employer); and Row no.1: Cash In Lieu (17%). Check EPF checkbox against Row no.2. 

2.    Personnel —> Add/Update Employees (Government), in EPF (Yer) Formula, key in:J

              iif(half=“2“,ROUND((BASICPAY+PAYTRAN.AW101)*5/100,0),0) Remark: All version 9.0b onwards



Tags: Additional EPF Employer Contribution

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Last update: 2010-11-17 08:39
Author: Noor Diyana
Revision: 1.0

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