Through this activity, you can edit the details of the pay elements mapped to a fund. When an employee joins a fund like the Community Chest Fund or the Central Provident Fund etc., the amount he/she has to pay towards the fund every month should be a specific deduction pay element of his/her salary. This facilitates the required contribution amount to be deducted every month from the salary of the employee and paid as contribution to the fund. Similarly, the amount which the employer should pay as contribution on behalf of the employee for the same fund can be mapped to a non-payable but accountable element.

You can edit the following details:

• The employee contribution element code.

• The employer contribution element code.

Based on the code you specify for the employee or employer contribution element, the system displays the description of the element. Additionally, you can edit the comments recorded pertaining to the pay element mapping details.

Getting familiar with the pages inside

Go to page…	… to carry out task
Edit Fund Contribution – Pay Element Mapping	Editing fund contribution pay element mapping details.

 

What you can do in this activity?

Through this activity, you edit fund contribution pay element mapping details.