How do I add a personal Medical Aid scheme to an employee's record?
This feature is available on all PaySpace editions
A Medical Aid contribution paid in the employee's personal capacity can be recorded on their payslip.
Step 1: Create the Medical Aid Personal component on company level.
Navigate > Config > Payroll > Payroll Config > Payroll Components
Step 2: Add the component under the Personals payslip section on the employee's Recurring Payroll Components screen.
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Personals
Related Articles
Payroll Funds | Medical Aid Scheme Setup
Overview A variety of Medical Aid Schemes are available to choose from on the Medical Aid Setup screen. You can select and configure the relevant scheme according to the company’s requirements. The Medical Aid Scheme needs to be configured before the ...South Africa | Does The Medical Aid Personal Component Provide For A Medical Aid Tax Credit?
Yes, if an employee contributes towards a private medical scheme and supplies proof, the employee may receive the medical scheme fees tax credit through the payroll. The Medical Aid Personal component can be used in such scenarios. If not processed ...How do I add the Medical Aid Savings component to an employee record?
This feature is available on all PaySpace editions. Medical Aid Savings is a component that forms part of a number of medical aid options. The Medical Aid Savings contains a percentage of the annual medical scheme contribution which is held in a ...Why do I receive the error "Cannot have multiple active medical aid components of the same type, please delete existing before adding a new one" when attempting to add the Medical Aid deduction component?
This feature is available on all PaySpace editions The error occurs because the employee has a Personal Medical Aid listed under the Personals Payslip Action on the Recurring Payroll Components screen. An employee cannot have both a Medical Aid ...How do I setup a Medical Aid scheme?
This feature is available on all PaySpace editions. A variety of Medical Aid Schemes are available to choose from on the Medical Aid Setup screen. Select and configure the relevant scheme according to the company’s requirements. Navigate > ...