[CPF_ERC] - CPF Employer Contribution
30-Aug-2022 · Felix Fung
What is this?
[CPF_ERC] will calculate employer contribution amount for CPF, which is required for Singapore employee.
You have to setup Placement profile for some parameters used in the calculation.
- Custom field "SGP_CITIZENSHIP"
- blank for Citizen or 3rd year and onwards Singapore Permanent Residents
- "SPR_1" for 1st year Singapore Permanent Residents
- "SPR_2" for 2nd year Singapore Permanent Residents
- Custom field "SGP_CONTRIBUTION_RATES"
- blank for partial contribution
- "FULL" for full contribution
- Put [CPF_ERC] for system to calculate the required amount.