Car Benefits
An employee can avail car benefit-in-kind from their employers.
Benefits in kind (other than food benefits) are typically flat amount elements. This is the only supported calcution method.
To create a car benefit-in-kind using a Flat Amount calculation method:
Fastpath:
- Using the Elements task, create a new element.
- In the Create Element window, create a Benefit-in-Kind element with the
following values:
Field Description Secondary Classificatio Car benefits Category Standard Note: The Processing Type of this element should be set as Recurring, to be processed in each payroll period.Is this element subject to proration? No Note: Typically benefits-in-kind are not prorated. Refer to Overview of Reconstituted Salary to configure this benefits-in-kind, if it needs to be part of the reconstituted salary.Rule Type Flat amount - In the Element Entries page, enter the required details in the General
Information tab, to associate this benefit-in-kind to the relevant payee:
- Amount: As required
- Periodicity: Calendar Month
- Save and submit the details.