How do I set up the Medical Aid components?
This feature is available on all PaySpace editions
After setting up the Medical Aid Scheme, the Employer Contribution and Employee Deduction components must be created on company level before an employee can be linked to the Medical Aid scheme.
Step 1: Create the Medical Aid Employer Contribution and Employee Deduction components on company level.
Navigate > Config > Payroll > Payroll > Payroll Components
Medical Aid Employer Contribution component.
Medical Aid Employee Deduction component.
Step 2: Add the Medical Aid Employer Contribution component on employees' Recurring Payroll Components screen.
Navigate > Employee > Payroll Processing
> Recurring Payroll Components > Company Contributions
The Medical Aid Fringe Benefit will automatically reflect once the Employer Contribution component is added.
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Fringe Benefit
Step 3: Add the Medical Aid Employee Deduction component on employees' Recurring Payroll Components screen.
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Deductions
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