Difference between revisions of "Payroll"

From Pandaworks Wiki
Jump to: navigation, search
(FAQ)
(FAQ)
 
(17 intermediate revisions by the same user not shown)
Line 3: Line 3:
 
* [[How do I view my payroll cycle(s)?]]
 
* [[How do I view my payroll cycle(s)?]]
 
* [[How do I create a new payroll cycle?]]
 
* [[How do I create a new payroll cycle?]]
 +
* [[How do I delete a payroll cycle?]]
 +
* [[How do I lock a payroll cycle?]]
 
* [[How do I unlock a payroll cycle?]]
 
* [[How do I unlock a payroll cycle?]]
 
* [[How do I close a payroll cycle?]]
 
* [[How do I close a payroll cycle?]]
 +
* [[How do I view payroll approval listing?]]
 +
* [[How do I approve/reject a payroll cycle?]]
 +
* [[How do I view payroll express entries?]]
 
* [[How do I create an express entry?]]
 
* [[How do I create an express entry?]]
 +
* [[How do I view an employee recurring entries?]]
 +
* [[How do I create a recurring entry?]]
 +
* [[How do I include EPF, SOCSO, EIS, Zakat and other statutory contributions?]]
 +
* [[How do I view EA forms?]]
 +
* [[How do I view employee EA details?]]
 +
* [[How do I generate employee EA?]]
 +
* [[How do I print an employee EA form?]]
 
* [[Can I change payroll data entry after I closed the payroll cycle?]]
 
* [[Can I change payroll data entry after I closed the payroll cycle?]]
 +
* [[What do I do if the payroll calculation not progressing?]]
 +
* [[How do I apply for an overtime?]]
 +
* [[How do I apply for autopay?]]
 +
* [[How do I set the default EPF contribution for both employee and employer?]]
 +
 +
== Notes ==
 +
Please look at the scenario below:
 +
 +
Basic salary RM5000
 +
 +
Bonus RM5000
 +
 +
 +
Total Wages = RM10000
 +
 +
=== Bonus is ticked "EPF include into Capping" ===
 +
Month End Cycle:
 +
 +
EPF Employer = RM5000*13% = RM650
 +
 +
Bonus Cycle:
 +
 +
EPF Employer = (RM10000*12%) - RM650 = RM1200 - RM650 = RM550
 +
 +
=== Bonus is unticked "EPF include into Capping" ===
 +
Month End Cycle:
 +
 +
EPF Employer = RM5000*13% = RM650
 +
 +
Bonus Cycle:
 +
 +
EPF Employer = (RM10000*13%) - RM650 = RM1300 - RM650 = RM650
 +
 +
 +
Note: Where the employer pays bonus to an employee who receives monthly wages of RM5,000.00  and  below,  and  upon  receiving  the  said  bonus  renders  the  wages received for that month to exceed RM5,000.00, the employer’s contribution shall be calculated at the  rate  of  13%  of  the  amount  of  wages  for  the  month.  The  total  contribution  which includes cents shall be rounded to the next ringgit

Latest revision as of 02:22, 7 March 2019

FAQ

Notes

Please look at the scenario below:

Basic salary RM5000

Bonus RM5000


Total Wages = RM10000

Bonus is ticked "EPF include into Capping"

Month End Cycle:

EPF Employer = RM5000*13% = RM650

Bonus Cycle:

EPF Employer = (RM10000*12%) - RM650 = RM1200 - RM650 = RM550

Bonus is unticked "EPF include into Capping"

Month End Cycle:

EPF Employer = RM5000*13% = RM650

Bonus Cycle:

EPF Employer = (RM10000*13%) - RM650 = RM1300 - RM650 = RM650


Note: Where the employer pays bonus to an employee who receives monthly wages of RM5,000.00 and below, and upon receiving the said bonus renders the wages received for that month to exceed RM5,000.00, the employer’s contribution shall be calculated at the rate of 13% of the amount of wages for the month. The total contribution which includes cents shall be rounded to the next ringgit