Release 380: New field: '+ GES' in Payroll data (Middle East legislation)
SE17AE Payroll Middle East
Menu path: Resource card/Payroll data
tab/General tab
Background
Refer to Middle East legislation, there is another
type of fund or allowance which is directly paid by government to Kuwaiti. This
fund/ allowance is known as Government Employee Support fund/ allowance
(GES). In order to cater for this fund/ allowance, new section:
Contribution with new field +GES is now added at Payroll
data screen in Exact Globe.
What has been changed
A new section: Contribution with new field
+GES is now added at Payroll data screen. By defining value for
+GES, this value will be taken into account during pension calculation
for resources with Resident status: Local. However, this field will be
disabled for employee with Resident status: Expatriate.
Screen example
New field +GES under new section
Contribution at resource Payroll data screen
Calculation example
|
Case 1: Resident status =
Local |
| Steps:
Create a resource with employment start date
01 January 2006
Create resource payroll data with the
following settings:
- Payment period: Monthly
- Resident status: Local
- + GES: 50.00
Create the following components:
- Basic salary (Type: Base salary;
Payment period: Monthly; Source: Contract; Amount:
4000; Prorated by Calendar day; Entered amount:
NO)
- Daily allowance (Type: Earning
affect pension; Payment period: Monthly; Source: NA;
Amount: 150 Quantity: 2.0 Entered amount:
NO)
- Deduction (Type: Deduction affect
pension; Payment period: Monthly; Source: NA;
Amount: 55 Quantity: 0.5 Entered amount:
NO)
- Pension paid by employee (Type:
Pension/ Social insurance paid by employee; Payment period:
Periodically; Calculation method: Percentage; Percentage:
9%)
- Pension paid by employer (Type:
Pension/ Social insurance paid by employer; Payment period:
Periodically; Calculation method: Percentage; Percentage:
9%)
Link the above 5 components to the
resource
Process payroll for this
resource |
Result:
Base salary = 4000.00
Daily allowance = 300.00
Deduction = 27.50
Pension paid by employee
=
[(Base salary +
Daily allowance - Deduction + GES) x 9 / 100]
= [(4000.00 + 300.00 -
27.50 + 50.00) x 9 / 100]
= 389.03
Pension paid by employer
=
[(Base salary
+ Daily allowance - Deduction + GES) x 9 / 100]
= [(4000.00 + 300.00 -
27.50 + 50.00) x 9 / 100]
= 389.03
|
Related topic
| Main Category: |
Support Product Know How |
Document Type: |
Release notes detail |
| Category: |
Release Notes |
Security level: |
All - 0 |
| Sub category: |
Details |
Document ID: |
14.982.654 |
| Assortment: |
Exact Globe
|
Date: |
10-05-2017 |
| Release: |
380 |
Attachment: |
|
| Disclaimer |