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Help > Allowance Maintenance > 1. Create A New Allowance
1. Create A New Allowance

Click on Add button to add new Allowance code.

Maintain allowance code and description.

Start Period: Set the start period for this allowance (if any)

End Period: Set the end period for this allowance (if any)

Pay EPF: If this setting is checked, the allowance will be contributed to EPF. Pay SOCSO & EIS: If this setting is checked, the allowance will be contributed to SOCSO and EIS. Pay Tax: If this setting is checked, the allowance will be contributed to Tax (PCB calculation). Pay HRDF: If this setting is checked, the allowance will be contributed to HRDF. *Statutory Setting:

 

 

 

 

 

Tax Exempted Rule: Select tax exempted rule to set this allowance to be exempted from tax calculation.

Formula: Go to formula tab to set the formula according to your preferences.

Example:    Meal Allowance is given using daily basis (RM15 per day)

Set the formula as:  RM15 x Month’s Working Days.