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 an employee/s.

      Navigate > Configuration > 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: Select the "add new indicator" link and add a new indicator/s and select "save all" and save the component.

      

      

Step 4: Add the component to the employees via their Recurring Payroll Components screen or via the Bulk Actions screen.

      Navigate > Employee > Payroll Processing > Recurring Payroll Components > Deductions

      

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