Medical Aid Scheme Set-up
A variety of Medical Aid Schemes are available to choose from on the Medical Aid Setup Screen. You can select and configure the relevant scheme according to the company’s requirements. The Medical Aid Scheme needs to be configured before the component for the Medical Aid Scheme can be created. Once the component has been added, it can be linked on the Employee Recurring Component Screen.
This feature is available on all PaySpace editions.
Navigate > Config > Payroll > Administer Payroll Funds > Medical Aid Setup
An extract of the Medical Aid Setup Screen:
The Employee Dependants Screen needs to be correctly updated to ensure the Medical Aid Scheme’s contribution is calculated correctly.