Use this window to record and view details of the employee’s savings schemes. A value is deducted from the employee’s net pay in each pay period and this value is accumulated to the savings total. If the payments to a scheme are to be postponed for a period or more, you should set the savings value to zero.
Click New to create a record. The Savings window is displayed. Enter the details described below, and click Save to save the details.
Click Edit to edit the details of the selected record.
Type a description.
Type a reference.
Type an amount. The value is deducted from the employee’s net pay.
This is the accumulated total of all the scheme payments to date. This total is automatically accumulated by the Period End Process.