How do I setup an income protection/PHI fund/scheme?

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