Knowledge Base

Employee Benefit Claim

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  • February 7, 2024

Employee Benefit Claim

Employee Benefit Claim enables employees to:

  1. Claim flexible benefits intended for lump-sum reception (if the Salary Component is designated as Pay Against Benefit Claim).
  2. Claim tax exemptions for flexible benefits received proportionately as part of the salary when Deduct Tax For Unclaimed Employee Benefits is activated in the Payroll Entry / Salary Slip.

To initiate a new Employee Benefit Claim, follow these steps:

Navigate to: Human Resources > Payroll > Employee Benefit Claim > New Employee Benefit Claim

In this section, employees can review the eligible amount according to their Salary Structure Assignment and request the amount they wish to receive in their upcoming salary. Any remaining amount unclaimed by the employee within a Payroll Period will be disbursed as part of the final payroll Salary.

Note: Regular tax calculations typically exclude Flexible Benefits since they are often exempt from taxation. To apply taxes to these components at any time before the final payroll, utilize the Deduct Tax For Unclaimed Employee Benefits option in the Payroll Entry / Salary Slip during salary processing.