How do I configure a Funeral Fund component?

This feature is available on all PaySpace editions
The Funeral Fund component has to be configured on company level before it can be linked to employees.
Navigate > Config > Payroll > Payroll Config > Payroll Components
Step 1: Search for and select the Deduction Selection List component.
Step 2: Rename the component to Funeral Cover.
Step 3: Click the "add new indicator" link to add new indicators, then select "save all" to save the component.
Step 4: Add the component to the employee's Recurring Payroll Components screen.
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Deductions