Here you may maintain several EPF codes with different contribution rate for employer and employee.
Example:
|
EPF Code |
Description |
Employee Rate/Amount |
Employer Rate/Amount |
|
11% & 13% |
Standard Rate |
11% |
13% |
|
5.5% & 6.5% |
Standard Rate (above age 60) |
5.5% |
6.5% |
|
11% & RM5 |
Foreigner Rate |
11% |
RM5 |
This maintenance will be use in Employee Maintenance to calculate monthly EPF contribution.
Go to Tools > General Maintenance > EPF
The following screen will be prompted and a list of created EPF codes will be displayed.
