Create an Employer Social Insurance Calculation Card for Oman

To support the payroll interface, create a Social Insurance and Gratuity calculation cards for each PSU.

Use these steps to create the calculation card.
Fastpath: Implementation Project List > Manage Legal Entity Calculation Cards
  1. Set the scope for this task by selecting the legal entity.
  2. Click Go to Task and then Create to create the card.
  3. Enter the Effective As-of Date and Name of this card as: Employer Social Insurance Details.
  4. Click Continue
  5. Enter the required information for processing Social Insurance deductions in the Oman Employer Social Insurance Details:
    • Employer Type: The employer type can be government sector or private sector. The deduction rules are applied based on the type of sector you choose.
    • Contributory Salary Reference Formula: You can define the formula that calculates the contributory salary at the legal entity level. The contributory salary value is derived from this formula and is used as the reference value for social insurance calculation. This formula must have the value returned using variable CONTRIBUTORY_BASE.
  6. Click Submit to save the Social Insurance Calculation Card.