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 Deel Local Payroll powered by payspace payroll 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: Select the "+ Component' button to add a new component.

      

Step 2: Search for and select the Deduction Selection List component.

      

Step 2: Rename the component to Funeral Cover.

      

Step 3: Expand the 'indicators' section to add new indicators.