Record Fund Remittance Details

This activity allows you to remit the deductions made towards the various statutory funds like EPF, SOCSO, HRD Levy, Angkasa, Amanah Saham etc. to the bank. The fund remittance details for each of the funds can be recorded or modified for a tax year, the taxable month applicable to the company.

Select the “Record Fund Remittance Details” from the left pane.

The “Record Fund Remittance Details” page appears.

Enter the following details in the header:

Malaysian Statutory Admin Unit

Use the drop-down list box to select the Malaysian statutory admin unit to which an employee belongs.

The system displays the following.

Date Format

The date format as applicable to the login user.

Enter the following details in the header:

Tax Year	Use the drop-down list box to select the tax year to record the employee optional deduction details. The combo is loaded with the “Tax Years” defined in the “Create Tax Year” activity of “Malaysia Statutory - Master Definition” component. The system displays “Select” by default on launch of the page.
Payment For	Use the drop-down list box to select the payment kind to which fund remittance has to be made for an employee.

Click the “Get” pushbutton.

The system retrieves the results in the multiline based on the search criteria.

Enter the following in the multiline:

Month	Use the drop-down list box to select the month to remit the fund from the employee salary account.
Bank Name	The bank name in which the fund is remitted.
Branch Name	The branch name in which the fund is remitted.
Cheque No	The cheque number of the fund remittance.
Cheque Date	The cheque date of the fund transfer.
Amount	The amount transferred from the employee salary account to the bank.
Receipt No	The receipt number of the fund remittance.
Receipt Date	The receipt date of the fund remittance.
Remarks	Any remarks pertaining to the fund remittance.

Click the “Save” pushbutton to save the details.

The system saves the details.