Follow

I have a staff joining the company, and he has a join bonus. However the CPF cap for the join bonus is not showing for the first month of payrun. What do I do?

There are 2 solutions available:
1. Update the employee's AW/OW Opening balance under ePayroll > Payroll Setup > IRAS Opening Balance Setup. This will provide the system with sufficient information to properly estimate the CPF amount for that year and automatically adjust the cap.


2. Change the AW Ceiling Computation Options under Epayroll > Payroll Setup > Configuration to 'Use max total OW projected for the year ($102000 - $72000 = $30000)'


*Note: Option 2 will affect all staff.

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

0 Comments

Please sign in to leave a comment.