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Payroll Reports: Netpay adjustment in 12 months figure update

Explanation of Netpay Adjustment

Updated over 2 weeks ago
  • Please be informed that the net pay adjustment figure will not affect any PCB (Tax Deduction at Source) or setup.

  • These adjustments typically occur when employees receive other forms of income, such as bonuses or commissions.

  • The net pay adjustment amount is usually derived from statutory deductions, as the 12-month figure update does not separate EPF (Employee Provident Fund) contributions from salary and other income.

  • However, in all other reports, the net pay adjustment will not appear because EPF contributions are separated accordingly.

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