How to compute Fund for the First Half in Bi-Monthly Salary set up?

How to compute Fund for the First Half in Bi-Monthly Salary set up?



While following Bi-Monthly Salary set up users can select the option to Compute Fund for the first half. For this follow the given steps:

Step 01: To do this set up go to "Employees" under the “Employee” module.

        





Step 02: Click the particular “Employee Name” and go to "Salary Info". 




Step 03: Here in the Salary Information, look for the “FUNDS INFORMATION”.




Step 04: From here users can turn on the button named “Compute Fund First Half” and click the “SAVE” button on top of the page to update the changes as shown in the picture.



Note: Employees must be Bi-Monthly employees.




Product Version: SMEPayrollTM Version 11





    • Related Articles

    • How to compute CPF for the First Half in Bi-Monthly Salary set up?

      While following Bi-Monthly Salary set up users can select the option to compute CPF for the first half. For this follow the given steps: Step 01: To do this set up go to the "Employees" under the “Employee” module.          Step 02: Click the ...
    • Why new employee always need to do monthly before start bi-monthly?

      Salary is typically paid on a regular basis, and the most common frequency for salary payments is monthly. Many employees receive a fixed amount of money every month as compensation for their work. However, the specific amount and payment schedule ...
    • How to do a bi-monthly salary setup?

      User can setup the bi-monthly salary under the "Admin" module and "Employee" module. 01: For the bi-monthly setup under "Admin" module,  click the "Manage Company", edit the company and go to "Preferences Setup" tab.  Then, in "Payroll" select the ...
    • How to set ECF/CDAC/SINDA/MBMF contribution in the system

      SINDA for Indian employees who are Singaporeans, PRs and foreign employees on Employment Pass (EP). Indian employees include Bangladeshis, Bengalis, Parsees, Sikhs, Sinhalese, Telegus, Pakistanis, Sri Lankans, Goanese, Malayalees, Punjabis, Tamils, ...
    • How to set up a Monthly Rated payroll type

      The user can set up the “Monthly Rated Payroll Type” under the "Admin" module and "Employee" module. Step 01: To do the Monthly set up, go to "Manage Company" under the "Admin" module. Step 02: Then Click on the “Edit” button of the “Company Name” & ...