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- Payroll > Maintenance > Employee Benefits > Contribution Payment Period
- Click the + symbol to add a new Contribution Payment Period. Enter the following:
- Name – must be unique
- Description
- Contribution Frequency – Options are:
- Calendar Month - if period is a calendar month
- Monthly - if period is split across calendar months
- Quarterly - if period is a three month period
- Every 2 Months - if period is a 2 month period, can be split across calendar months
- Click the + symbol to open Create Payment Periods screen. Enter the following:
- Start Date - if the contribution frequency is Calendar Month or Quarterly, the start date must be the first day of a calendar month.
- End Date - if you select a date that would result in an incomplete period, the system automatically defaults the end date to the nearest valid date.
- Click Create Payment Periods
- For each payment period, enter a Payment Cut Off Date – the latest date by which contributions can be paid to the scheme administrators
- Click Save
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