Medical aid - Private
Description

This guide will assist you to add the private medical aid contribution to the employee's payslip. 

Cause
Resolution

Add beneficiaries on the Employee Masterfile.

  1. Go to Edit then Employee Masterfile
  2. Select the Statutory tab.
  3. Select the Medical aid tab.
  4. Enter the total number of medical aid beneficiaries, including the main member.
  5. Save the Masterfile.

Add the correct transactions to the Payslip of the employee.

  1. Go to Process then Payslips.
  2. Select the Default tab.
  3. On the Default tab, add code 7085 – Medical Aid Private, with the employee’s monthly contribution.
    • Check if code 8002 (Medical Aid Tax Credits) is on the payslip. If not, add it.
      This code calculates the max medical aid tax credits based on listed beneficiaries but doesn’t print or affect the payslip.
    • Check if code 8000 (Medical Aid Tax Credits Applied) is on the payslip. If not, add it.
      This code shows a negative amount, applying the tax credit to refund the employee.

  4. Save the payslip.

If this employee is 65 years of age or older, capture the following additional medical aid tax credit codes:

  • 8003 (Additional Medical Tax Credits)
  • 8008 (Add. Med. Aid Tax Credit Appl.)
Steps to duplicate
Related Solutions

Private Medical Aid along with Company Allowance