How do I create the Medical Aid components, so that they are available for selection on employee payslips?
This feature is available on all PaySpace editions
Once the Medical Aid Scheme has been setup, the corresponding company contribution and employee deduction components have to be created on company level, before an employee can be linked to a Medical Aid scheme accordingly.
Related FAQs
Step 1: Create the Medical Aid company contribution and employee deduction components on company level.
Navigate > Configuration > Payroll > Payroll > Payroll Components
Medical Aid Company Contribution component.
Medical Aid Employee Deduction component.
Step 3: Add the medical aid components on employees' Recurring Payroll Components screen.
Navigate > Employee > Payroll Processing
> Recurring Payroll Components > Company Contributions
The corresponding Fringe Benefit will automatically reflect once the Company Contribution component is added.
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Fringe Benefit
Important! Please note that the system will only automatically add and calculate the corresponding Medical Aid deductions or company contribution components (depending on which was manually added).
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Deductions
Note! If the Medical Aid Deduction component reflects under the Company Contributions section, edit it and disable the "In package" checkbox, so that it is correctly reflected under the Deductions section.
Step 4: The components will appear on the employee's payslip.
Navigate > Employee > Payroll Processing > Edit Payslip
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