How do I create a provident fund on company level?

How do I create a provident fund on company level?

Provident funds have to be created on company level before they can be linked to their respective employees.

      Navigate > Configuration > Payroll > Administer Payroll Funds > Pension and Provident Setup
      
      

      Related FAQ

    • Related Articles

    • How do I create a pension fund on company level?

      Pension funds have to be created on company level before they can be linked to their respective employees. Navigate > Configuration > Payroll > Administer Payroll Funds > Pension and Provident Setup Related FAQ How do I set up the pension fund ...
    • Pension and Provident Fund Set-up

      About A variety of Pension and Provident Funds are available to choose from on the Pension and Provident Setup Screen. You can select and configure the relevant funds according to the company’s requirements. The Pension or Provident Fund needs to be ...
    • How do I delete duplicated pension or provident fund instances?

      A duplicated pension or provident fund instance can be deleted if it has no financial dependents, when editing it. Navigate > Configuration > Payroll > Administer Payroll Funds > Pension And Provident Setup Contact support@payspace.com if the the ...
    • Can I delete a pension fund instance that is no longer applicable?

      No. Pension fund instances cannot be deleted if they have financial dependencies (i.e. linked to payslips). A new instance with the latest fund information will have to be created, by enabling the "is this fund a level of another fund?" checkbox. ...
    • Can I delete a provident fund instance that is no longer applicable?

      No. Provident fund instances cannot be deleted if they have financial dependencies (i.e. linked to payslips). A new instance with the latest fund information will have to be created, by enabling the "is this fund a level of another fund?" checkbox. ...