How do I setup an income protection/PHI fund/scheme?
This feature is available on all PaySpace editions
Follow the below steps to set up an Income Protection/PHI fund/scheme.
Step 1: Create the fund on company level on the Income Protection/ PHI Setup screen.
Navigate > Configuration > Payroll > Administer Payroll Funds > Income Protection/PHI
Step 2: Create the related component on company level before linking it to an employee/s.
Navigate > Configuration > Payroll > Payroll Config > Payroll Components