Medical Aid Scheme Set-up

Medical Aid Scheme Set-up

About

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.

Edition

This feature is available on all PaySpace editions.

Navigate > Config > Payroll > Administer Payroll Funds > Medical Aid Setup

Overview

An extract of the Medical Aid Setup Screen:





Important Comment

Tip
The Employee Dependants Screen needs to be correctly updated to ensure the Medical Aid Scheme’s contribution is calculated correctly.