EPF and Socso Calculation Error?

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4 months 2 weeks ago #1956 by EG Resources
EG Resources created the topic: EPF and Socso Calculation Error?
We just add in a new employee, entering his basic salary and bonus.
The EPF and SOCSO calculation is different from the official website system.
Kindly assist, thank you.

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4 months 2 weeks ago #1957 by Kap-Chew
Kap-Chew replied the topic: EPF and Socso Calculation Error?
Can you give me more details, like what's the basic salary and the EPF from official website and HR.my?

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2 months 1 day ago - 2 months 1 day ago #2106 by nita
nita replied the topic: EPF and Socso Calculation Error?
Hi,

Im also facing the same problem, the system calculate for me difference EPF calculation

example: salary 4500 x 11% = 495 ( its should be Rm495) but in the system showing diff figure which is Rm 487

2. Tax calculation also different from the e-pcb calculation. ( If i put the actual figure as per e-pcb under the variable cost, the EPF calculation different) if i deleted the variable cost then the EPF is tally with the EPF table, but the pcb calculation different from the e-pcb)


please advice me for both queries ASAP


Thanks
nita
Last Edit: 2 months 1 day ago by nita.

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2 months 1 day ago #2107 by Kap-Chew
Kap-Chew replied the topic: EPF and Socso Calculation Error?
For EPF calculation, it is not as simple as multiplying with the percentage, there is a rounding off issue. Please consult KWSP if you wish.

For tax, if you need to use e-PCB result, just disable the tax calculation by setting Employee->Management->Edit->Salary->Statutory Details->Tax Status to "No Contribution", then use Variable Deduction to enter your e-PCB result.

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2 months 1 day ago - 2 months 1 day ago #2108 by nita
nita replied the topic: EPF and Socso Calculation Error?
Hi,

Thanks for your reply,

i did it, i edit the actual figure (e-pcb) in variable deduction. but i gt diff figure in EPF after i key-in some figure in variable deduction.

regards
Punitha
Last Edit: 2 months 1 day ago by nita.

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2 months 1 day ago #2109 by Kap-Chew
Kap-Chew replied the topic: EPF and Socso Calculation Error?
Remember to uncheck the EPF or Tax options in the Variable Deduction, otherwise it would affect the calculation.

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