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Hi There,
It is possible for users to have the medical aid transaction to auto calculates the weekly 5th week / 3rd fortnightly evenly according to the monthly contribution of the employee.
e.g. Monthly medical aid contribution = R2000
A 4 week month to be spread evenly in R250 contributions.
A 5 week month to be spread evenly in R200 contributions.
The same would apply to fortnightly employees
The transaction would need to have a total contribution/balance of the monthly contribution then the formula would auto calculate the contributions according to the weeks/bi-weeks in the month.
AME - Site Code | Z00010 |
AME - System | Pastel Payroll |
AME - Category | Payroll (Processing/Calculaions/Input/changes) |
Customer Contact Name | Thandiwe Khoza |
AME - Idea type | Enhancement to existing functionality/feature |
Please explain how this would benefit you and your firm and the impact it would have.
This would simplify processing and leave little room for overpayments of medical aid contributions for the weekly and fortnightly employee. There would be less manual work for calculation involved for administrators. |