Lastly, I proceed with payroll entry; all Salary Components are reflected in COA except for Salary Components in Employer’s Contribution, as shown below.
So why do you want to show Employer’s contribution in the salary slip or salary structure? What is the importance of it as in general you only show employee’s deduction.
Hi @Reema_Mehta, it is mandatory to show Employer’s Contribution in salary slip according to Malaysia’s law. Hence, we also need to have Employer’s Contribution in the salary structure.
I am not following this. From my guessing, you proposed a manual Journal Entry, right? I know this can solve the accounting side, but it won’t be a ‘complete’ payroll feature because it should be done automatically.
Yes, I was expecting a direct booking of the expense on submission of salary slip (via Payroll Entry). I thought by creating a separate table, booking of the expense will be done automatically, similar to the case for Earnings and Deductions. But it didn’t, and this is why I raised this topic.
Hi @Frank4U thank you for your help but as I can see in your attachment, I have actually created something similar like yours. But in your solution, the Contribution part will not calculate automatically right? This is a problem that I am facing too; even after I put a Custom Script, it still won’t calculate.
Yes your solution is similar to mine but with yours the contribution figure is not captured under Chart of Accounts. Kindly share your custom code. I want to give it a try
Hi Desmond, have you tried inserting formula for the calculation of EIS EPF and SOCSO particularly for employee deductions? Can you share it with me? Thank you !
