Maintain Contribution

Menu : Payroll | Maintenance | Maintain Contribution

Introduction

• Is the main core to set the Contribution for Bonus, Director Fees, Pay Leave and Unpaid Leave.
• Set the Employer EPF Rate and Employee EPF Rate.
• Set the Working Day per Month and Working Hour Per Day for the purpose of calculate the OT Pay Rate.

Field Name	Properties
Code	Definition : Contribution code Field cannot be blank Field Type : Alphanumeric Length : 20
Description	Definition : Full description on Contribution Type Field cannot be blank Field Type : Alphanumeric Length : 160
Active	Definition : Unchecked if this record is not in use. Field Type : Boolean
Set as Default	Definition : Click mean this record you want it be the default record when insert a new record. Field Type : Button
Bonus / Director / Pay Leave / Unpaid Leave	Definition : Does this Bonus / Director / Pay Leave / Unpaid Leave need to contribute for EPF ? Socso ? PCB ? PCB(A) ? OT ? EA ? Zakat ? HRDF(Human Resource Development Fund) ? Checked mean you want it to be contribute. What the different between PCB and PCB(A)? i) PCB mean every month contribute the amount is fixed. Eg : Wages ii) PCB(A) mean every month contribute the amount is not fixed. Eg : OT, Allowance, Commission, Bonus.
Employee EPF Rate	Definition : i) Set Employee EPF Rate. ii) Age 55 above system will auto calculate half. Field Type : Alphanumeric Length : 10
Employer EPF Rate	Definition : i) Set Employer EPF Rate. ii) Age 55 above system will auto calculate half. iii) System will increase to 13% for those earning not exceed 5000 per month. Field Type : Alphanumeric Length : 10
Overtime Calculation base on Maintain Employee Setting	Definition : i) Checked mean the Overtime Pay Rate calculation base on Maintain Employee Setting. ii) Unchecked mean the Overtime Pay Rate calculation base on Process Month. Field Type : Boolean

How to change EPF Rate to 8%

1. Payroll | Maintenance | Maintain Contribution.

2. You may choose to create a NEW contribution, or else you may EDIT the existing contribution.

3. Edit the employee EPF Rate from 11% to 8% and Save.