Deductions that are defined with a Type of Deduction as Pension fundor Provident fund, do not automatically multiply by the specified number of leave periods. The Methods of Calculation for Pension or Provident funds must be adjusted to include the leave pay periods or the leave pay earning. Note: Remember to adjust the methods of calculation before leave pay is activated.
For example: + LP (leave pay periods) + 1 (for the current period) M ONE + E011 (Fixed weekly wage) * 0.07 (pension/provident fund percentage) * ONE (in this example is LP periods plus 1) M ONE + Backpay Normal * 0.07 + ONE
Remember to include the Backpay normal hours value in the Method of Calculation, if applicable.
Note: The method used will depend on the rules of the Pension or Provident Fund. |