How do I configure a Funeral Fund component?

How do I configure a Funeral Fund component?

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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