Malaysia Statutory – Administration - An overview

Employee income details, payments, deduction details, remittance details environmental assessment processing through the following activities are briefly explained below:

Record Employee Optional Deductions Details

This activity allows you to record and modify the investment details for the available investment options of an employee, for a tax year, which will be treated as ‘deductions' while calculating tax. You can also provide investment details for multiple employees in the multiline. To modify or view a specific employee’s investment details, you can select the record either by directly entering the complete employee code or using the search criteria option.

Maintain Previous Employment Income Details

This activity allows you to record and modify the previous employment income details of an employee for the purpose of computing the outstanding amount for the tax year. You can record or modify the previous employment income details for a tax year.

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.

Form EA Processing

This activity allows you to process the Environmental Assessment forms (EA) of amateur employees in company for a tax year. You can either process all the employees EA forms or if you are aware of the employee codes; you can specify the ranges of the employee codes. You can also process the EA form with the employment unit of an employee. Based on the search criteria, the employment unit, employee code, employee name, employee tax no and process status are displayed in the multiline. A session id gets generated for the processed EA’s.

Maintain Payments Outside Payroll

This activity allows you to manage the payments made to an employee outside the payroll. For a tax year and employee code you can record the perquisite amount. You can map the perquisite amount to a payment type with the perquisite value and the perquisite grant date. You can also specify the detailed description of a perquisite. The perquisite amount can either be added or overridden to a payroll.

Maintain Employee Element Exceptions

This activity allows you to record exception values for statutory elements which may be defined as an amount or percentage. It also allows you to capture the parameters needed for tax computation as exception values in the absence of the required data.

Getting familiar with the activities inside

The following table lists the activities involved in the employee payroll setup component.